CEO of FS Investment Corp (NYSE:FSIC) Michael C. Forman bought 113,760 shares on 08/19/2014 at an average price of $10.31. The total transaction amount was $1,172,866.
FS Investment Corp has a market cap of $2.49 billion; its shares were traded at around $10.41 with a P/E ratio of 32.60 and P/S ratio of 5.90. The dividend yield of FS Investment Corp stocks is 2.90%. Articles on GuruFocus.COM
Michael Forman is the chief executive officer and chairman of Franklin Square Capital Partners, which he is also a co-founder of. He serves as CEO and Chairman of each of Franklin Square’s funds, including FS Investment Corporation. Before Franklin Square, Mr. Forman founded FB Capital Partners, and he is currently a director of Murex Investments.
FS Investment Corp. announced their 2014 second quarter results. The company reported net income of $0.27 per share.