Insider Trader Watch: Main Street Capital Corporation $MAIN

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Main Street Capital Corporation (NYSE:MAIN) insider have most recently took part in a trading activity. On Dec 27, 2017 Stout Rodger A., EVP bought 22 shares having total worth of $887 at the price of $40.3 per share, following the transaction a total of 162,753 shares owned by Stout Rodger A.. Before this latest buy, Stout Rodger A. purchased MAIN at 13 other times during the past twelve months, for a total investment of $9,337 at an average of $38.98 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 1.91%
12 Month 13 0 20.79%

Shares of Main Street Capital Corporation (NYSE:MAIN) traded down 0.67% on Dec 28, 2017, hitting $40.03. 244,531 shares of the company’s stock traded hands. Main Street Capital Corporation has a 52 week low of $32.23 and a 52 week high of $41.55. The company’s market cap is $1,800 million.

Main Street Capital Corporation (NYSE:MAIN) last announced its earnings results on Nov 2, 2017. The company reported 0.60 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.57 by $0.03. The company had revenue of $52 million for the quarter, compared to the consensus estimate of $51 million. During the same quarter in the previous year, the company posted 0.58 earnings per share. The company’s revenue for the quarter was up 11% on a year-over-year basis.

2017-11-02 2017-08-03 2017-05-04 2017-02-23 2016-11-03 2016-08-08 2016-05-05 2016-02-25 2015-11-05 2015-08-06
earnings per share 0.60 0.58 0.57 0.57 0.58 0.54 0.54 0.57 0.56 0.58
Revenue(M) 51.79 50.27 47.89 46.83 46.6 42.9 42.01 43.49 42.61 41.31

Main Street Capital Corporation was formed on March 9, 2007. The Company is an investment firm providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. Its portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancing, and acquisitions of companies that operate in diverse industry sectors. The Company seeks to partner with entrepreneurs, business owners and management teams and generally provide one stop financing alternatives within its LMM portfolio. The Company invests in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of middle market companies generally headquartered in United States. In addition to its LMM investment strategy, the Company pursues investments in Middle Market companies. Its Middle Market portfolio investments consist of direct or secondary investments in interest-bearing debt securities in companies that are generally larger in size than the LMM companies included in its LMM portfolio. Its Middle Market portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and five years. The Company competes for investments with a number of investment funds including private equity funds, mezzanine funds, BDCs, and SBICs, as well as traditional financial services companies such as commercial banks and other sources of financing. The Company is subject to applicable local, state and federal laws and regulations, including, without limitation, federal immigration laws and regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.