New insider activity at CION Investment Corp ( (CION) ) has taken place on April 3, 2025.
President and CIO, Gregg A. Bresner, has recently made a significant investment in CION Investment Corp by purchasing 2,000 shares of the company’s stock. This transaction is valued at $20,890, showcasing Bresner’s confidence in the company’s future prospects.
Recent Updates on CION stock
In recent developments, CION Investment Corp. has experienced a downgrade from Wells Fargo analyst Finian O’Shea, who cited the increased likelihood of a base dividend cut in 2025 as a primary reason. Despite a strong full-year performance and strategic portfolio management, the company did not earn its dividend in Q4, even with significant one-time fee income and payment-in-kind reversals. The high net leverage is also expected to set a ‘high-water-mark,’ contributing to the downgrade. CION’s Q4 earnings call highlighted strong financial results, with a net investment income of $0.35 per share for Q4 and $1.79 per share for the full year, surpassing total 2024 distributions. The company demonstrated proactive measures such as share repurchases and maintaining a stable dividend distribution, despite challenges like a decline in net asset value and competitive market conditions. CION’s management remains optimistic about generating attractive yields, focusing on first lien investments with structured yield enhancements, and maintaining a strong balance sheet with over $1 billion in unencumbered assets.
More about CION Investment Corp
YTD Price Performance: -4.90%
Average Trading Volume: 311,955
Technical Sentiment Signal: Buy
Current Market Cap: $548.8M