New insider activity at Prospect Capital ( (PSEC) ) has taken place on March 22, 2025.
CEO John F. Barry has made a significant move by purchasing 24,000 shares of Prospect Capital stock, with the transaction valued at $102,960.
Recent Updates on PSEC stock
In recent developments, Prospect Capital’s CEO, John Barry, made a significant purchase of 240,000 common shares, totaling approximately $1.01 million. This insider buying activity is often seen as a positive signal by investors, potentially indicating confidence in the company’s future performance. Additionally, Prospect Capital’s portfolio company, Town & Country Living, is set to expand its brand by showcasing a new line of pet accessories at an upcoming expo. However, the company faces challenges, as highlighted by a sell rating due to concerns over its incentive fee structure and credit headwinds. These factors have contributed to mixed sentiments around the stock, impacting its price movements.
More about Prospect Capital
YTD Price Performance: 0.95%
Average Trading Volume: 2,785,933
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.92B