New insider activity at Oaktree Specialty Lending ( (OCSL) ) has taken place on February 26, 2025.
In a notable move, Co-Chief Investment Officer Raghav Khanna acquired 6,000 shares of Oaktree Specialty Lending stock, amounting to a purchase worth $95,700. Meanwhile, President Mathew Pendo also made a significant investment by purchasing 6,260 shares, with a total value of $99,659.
Recent Updates on OCSL stock
In recent developments, Oaktree Specialty Lending’s stock has seen adjustments in price targets by analysts due to a mix of strategic initiatives and financial challenges. Keefe Bruyette lowered the price target, citing Oaktree’s positive strategic steps, while Wells Fargo reduced its target due to credit headwinds and a lack of alignment with index-like returns. The company’s Q1 2025 earnings report highlighted a significant equity purchase by Oaktree Capital at a premium, enhancing net asset value, and a new incentive fee structure aimed at aligning with capital gains and losses. Despite these efforts, the company faces challenges such as declines in net investment income and net asset value, issues with non-accrual investments, and pressures from interest rates. These factors influenced analysts’ decisions to adjust price targets as they weigh the company’s strategic progress against ongoing financial hurdles.
More about Oaktree Specialty Lending
YTD Price Performance: 3.92%
Average Trading Volume: 791,840
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.31B