Jonathan Cohen (Insider Trades), CEO of TICC Capital Corp. (TICC), acquired 71,640 shares of the company on May 25, 2016. The average price per share was $5.55, for a total transaction of $397,602. TICC Capital Corp. is a business development company focused on providing capital to established businesses, investing in syndicated bank loans and purchasing debt and equity tranches of collateralized loan obligations. The company has a market cap of 289.83 million, and a P/S ratio of 3.54.
From the beginning of 2016 to May 25, 2016, there were 17 insider buys with TICC amounting to 700,827 shares. Cohen purchased 278,331 of the shares in 5 transactions. TICC Director, Charles Royce (Insider Trades), and TICC President and COO, Saul Rosenthal (Insider Trades), also made 5 transactions during the same time period, totaling 139,165 shares and 278,331 shares, respectively. The spike in insider trades corresponds to a decrease in month end price starting in 2014, and continuing through 2016. For more information about insider transactions with TICC, click here. Continue Reading »