InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Major Shareholder Purchases $38,417.04 in Stock

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) major shareholder Bdc Holdings Ltd Investcorp bought 5,496 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average cost of $6.99 per share, for a total transaction of $38,417.04. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Bdc Holdings Ltd Investcorp also recently made the following trade(s):

  • On Monday, December 9th, Bdc Holdings Ltd Investcorp bought 5,015 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.23 per share, for a total transaction of $36,258.45.
  • On Wednesday, December 4th, Bdc Holdings Ltd Investcorp bought 1,900 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.15 per share, for a total transaction of $13,585.00.
  • On Monday, December 2nd, Bdc Holdings Ltd Investcorp bought 1,605 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.21 per share, for a total transaction of $11,572.05.
  • On Friday, November 29th, Bdc Holdings Ltd Investcorp bought 1,800 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.15 per share, for a total transaction of $12,870.00.
  • On Wednesday, November 27th, Bdc Holdings Ltd Investcorp purchased 1,699 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $7.20 per share, for a total transaction of $12,232.80.
  • On Monday, November 25th, Bdc Holdings Ltd Investcorp purchased 1,200 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $7.01 per share, for a total transaction of $8,412.00.
  • On Friday, November 22nd, Bdc Holdings Ltd Investcorp purchased 2,048 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $7.06 per share, for a total transaction of $14,458.88.
  • On Wednesday, November 20th, Bdc Holdings Ltd Investcorp purchased 1,400 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $7.02 per share, for a total transaction of $9,828.00.
  • On Monday, November 18th, Bdc Holdings Ltd Investcorp purchased 1,700 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $6.90 per share, for a total transaction of $11,730.00.
  • On Friday, November 15th, Bdc Holdings Ltd Investcorp purchased 1,600 shares of InvestcorpCreditManagementBDCInc . stock. The shares were acquired at an average cost of $6.91 per share, for a total transaction of $11,056.00.

Shares of NASDAQ ICMB opened at $6.95 on Friday. The stock’s 50 day simple moving average is $6.94. The firm has a market capitalization of $97.01 million, a P/E ratio of 7.02 and a beta of 1.32. The company has a current ratio of 2.99, a quick ratio of 2.99 and a debt-to-equity ratio of 1.25. InvestcorpCreditManagementBDCInc . has a twelve month low of $5.58 and a twelve month high of $8.18.

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) last announced its quarterly earnings results on Tuesday, September 10th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.04). The business had revenue of $8.12 million for the quarter, compared to analyst estimates of $8.86 million. InvestcorpCreditManagementBDCInc . had a positive return on equity of 9.24% and a negative net margin of 48.63%. Equities analysts forecast that InvestcorpCreditManagementBDCInc . will post 1.01 EPS for the current fiscal year.

The firm also recently declared a dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, December 12th. InvestcorpCreditManagementBDCInc .’s dividend payout ratio (DPR) is presently 101.01%.

Institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. acquired a new position in shares of InvestcorpCreditManagementBDCInc . in the third quarter valued at approximately $236,000. California Public Employees Retirement System acquired a new position in shares of InvestcorpCreditManagementBDCInc . in the third quarter valued at approximately $243,000. Stephens Inc. AR acquired a new position in shares of InvestcorpCreditManagementBDCInc . in the third quarter valued at approximately $139,000. Finally, Squarepoint Ops LLC acquired a new position in shares of InvestcorpCreditManagementBDCInc . in the third quarter valued at approximately $97,000. 44.33% of the stock is currently owned by institutional investors.

A number of equities analysts have weighed in on the company. Zacks Investment Research raised InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Raymond James lowered their price target on InvestcorpCreditManagementBDCInc . from $10.00 to $9.00 and set an “outperform” rating on the stock in a research report on Monday, September 16th. TheStreet downgraded InvestcorpCreditManagementBDCInc . from a “c” rating to a “d+” rating in a research report on Friday, September 13th. Finally, ValuEngine raised InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd.

About InvestcorpCreditManagementBDCInc .

CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.

Featured Article: Marijuana Stocks

Insider Buying and Selling by Quarter for InvestcorpCreditManagementBDCInc   . (NASDAQ:ICMB)

Receive News & Ratings for InvestcorpCreditManagementBDCInc . Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InvestcorpCreditManagementBDCInc . and related companies with MarketBeat.com's FREE daily email newsletter.