Kevin M. Landis Buys 777 Shares of Firsthand Technology Value Fund Inc (SVVC) Stock

Firsthand Technology Value Fund Inc (NASDAQ:SVVC) President Kevin M. Landis purchased 777 shares of the firm’s stock in a transaction on Wednesday, October 24th. The stock was bought at an average price of $15.77 per share, with a total value of $12,253.29. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

NASDAQ SVVC opened at $13.84 on Friday. Firsthand Technology Value Fund Inc has a fifty-two week low of $7.82 and a fifty-two week high of $17.74.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly earnings results on Thursday, August 9th. The investment management company reported ($0.22) earnings per share for the quarter. The company had revenue of $0.78 million during the quarter. Firsthand Technology Value Fund had a negative return on equity of 4.41% and a net margin of 2,030.85%.



Institutional investors and hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC acquired a new position in shares of Firsthand Technology Value Fund in the 2nd quarter valued at approximately $264,000. Intl Fcstone Inc. acquired a new position in shares of Firsthand Technology Value Fund in the 2nd quarter valued at approximately $314,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in shares of Firsthand Technology Value Fund by 16.1% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 46,940 shares of the investment management company’s stock valued at $530,000 after purchasing an additional 6,506 shares in the last quarter. 4.05% of the stock is currently owned by institutional investors.

About Firsthand Technology Value Fund

Firsthand Technology Value Fund, Inc is a publicly traded ventures capital fund invests in companies located in the US. The fund target companies operating in the fields of game changing technology and cleantech services. It provides financing in the form of equity and debt for early, growth and later stage capital requirements with an investment size ranges between $1 and $10 million.

Further Reading: Liquidity

Insider Buying and Selling by Quarter for Firsthand Technology Value Fund (NASDAQ:SVVC)

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