Insider Buying: Oxford Square Capital Corp (NASDAQ:OXSQ) COO Buys 10,400 Shares of Stock

Oxford Square Capital Corp (NASDAQ:OXSQ) COO Saul B. Rosenthal purchased 10,400 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of $5.28 per share, with a total value of $54,912.00. Following the completion of the purchase, the chief operating officer now owns 1,225,088 shares of the company’s stock, valued at $6,468,464.64. The acquisition was disclosed in a filing with the SEC, which is available at this link.

NASDAQ:OXSQ traded up $0.03 during trading hours on Friday, hitting $5.36. The stock had a trading volume of 50,781 shares, compared to its average volume of 176,623. Oxford Square Capital Corp has a one year low of $5.02 and a one year high of $7.45. The company has a market cap of $255.92 million, a price-to-earnings ratio of 7.99 and a beta of 0.45. The business’s 50 day moving average is $5.46 and its 200-day moving average is $6.11.

Oxford Square Capital (NASDAQ:OXSQ) last issued its earnings results on Wednesday, October 30th. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Oxford Square Capital had a negative net margin of 97.29% and a positive return on equity of 12.94%. The firm had revenue of $13.41 million during the quarter. As a group, sell-side analysts expect that Oxford Square Capital Corp will post 0.82 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on OXSQ shares. TheStreet downgraded shares of Oxford Square Capital from a “b-” rating to a “c+” rating in a research note on Friday, August 23rd. Zacks Investment Research raised shares of Oxford Square Capital from a “hold” rating to a “buy” rating and set a $6.00 price target for the company in a research note on Wednesday, November 6th. Finally, ValuEngine raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Oxford Square Capital has a consensus rating of “Hold” and a consensus target price of $5.33.

A number of large investors have recently modified their holdings of the business. Virtus ETF Advisers LLC acquired a new position in shares of Oxford Square Capital in the second quarter valued at approximately $5,460,000. Callodine Capital Management LP bought a new stake in Oxford Square Capital during the second quarter worth $320,000. Van ECK Associates Corp raised its position in Oxford Square Capital by 10.1% during the second quarter. Van ECK Associates Corp now owns 446,883 shares of the company’s stock worth $2,860,000 after acquiring an additional 41,124 shares in the last quarter. Marshall Wace LLP bought a new stake in Oxford Square Capital during the first quarter worth $222,000. Finally, BlackRock Inc. raised its position in Oxford Square Capital by 14.9% during the second quarter. BlackRock Inc. now owns 249,343 shares of the company’s stock worth $1,596,000 after acquiring an additional 32,332 shares in the last quarter. 15.91% of the stock is owned by hedge funds and other institutional investors.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.

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