Insider Buying: InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Major Shareholder Acquires 1,699 Shares of Stock

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) major shareholder Bdc Holdings Ltd Investcorp bought 1,699 shares of the stock in a transaction on Wednesday, November 27th. The stock was purchased at an average price of $7.20 per share, for a total transaction of $12,232.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Bdc Holdings Ltd Investcorp also recently made the following trade(s):

  • On Monday, December 2nd, Bdc Holdings Ltd Investcorp bought 1,605 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average price of $7.21 per share, for a total transaction of $11,572.05.
  • On Friday, November 29th, Bdc Holdings Ltd Investcorp bought 1,800 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average price of $7.15 per share, for a total transaction of $12,870.00.
  • On Monday, November 25th, Bdc Holdings Ltd Investcorp bought 1,200 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average price of $7.01 per share, for a total transaction of $8,412.00.
  • On Friday, November 22nd, Bdc Holdings Ltd Investcorp purchased 2,048 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.06 per share, with a total value of $14,458.88.
  • On Wednesday, November 20th, Bdc Holdings Ltd Investcorp purchased 1,400 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.02 per share, with a total value of $9,828.00.
  • On Monday, November 18th, Bdc Holdings Ltd Investcorp purchased 1,700 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $6.90 per share, with a total value of $11,730.00.
  • On Friday, November 15th, Bdc Holdings Ltd Investcorp purchased 1,600 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $6.91 per share, with a total value of $11,056.00.
  • On Wednesday, November 13th, Bdc Holdings Ltd Investcorp purchased 1,200 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $6.89 per share, with a total value of $8,268.00.
  • On Monday, November 11th, Bdc Holdings Ltd Investcorp purchased 900 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $6.80 per share, with a total value of $6,120.00.
  • On Friday, November 8th, Bdc Holdings Ltd Investcorp purchased 1,700 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $6.73 per share, with a total value of $11,441.00.

Shares of NASDAQ:ICMB traded up $0.01 on Monday, reaching $7.22. The company had a trading volume of 17,619 shares, compared to its average volume of 35,604. InvestcorpCreditManagementBDCInc . has a twelve month low of $5.58 and a twelve month high of $8.18. The company has a 50-day moving average of $6.82. The stock has a market cap of $98.24 million, a PE ratio of 7.29 and a beta of 1.32. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 1.25.

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) last announced its quarterly earnings results on Tuesday, September 10th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.04). InvestcorpCreditManagementBDCInc . had a positive return on equity of 9.24% and a negative net margin of 48.63%. The company had revenue of $8.12 million during the quarter, compared to analyst estimates of $8.86 million. On average, research analysts anticipate that InvestcorpCreditManagementBDCInc . will post 1.01 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Squarepoint Ops LLC acquired a new position in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth about $97,000. Stephens Inc. AR acquired a new position in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth about $139,000. Oppenheimer & Co. Inc. acquired a new position in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth about $236,000. Finally, California Public Employees Retirement System acquired a new position in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth about $243,000. 44.33% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on ICMB. ValuEngine cut InvestcorpCreditManagementBDCInc . from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. TheStreet cut InvestcorpCreditManagementBDCInc . from a “c” rating to a “d+” rating in a research report on Friday, September 13th. Raymond James reduced their price target on InvestcorpCreditManagementBDCInc . from $10.00 to $9.00 and set an “outperform” rating for the company in a research report on Monday, September 16th. Finally, Zacks Investment Research raised InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th.

InvestcorpCreditManagementBDCInc . Company Profile

CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.

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Insider Buying and Selling by Quarter for InvestcorpCreditManagementBDCInc   . (NASDAQ:ICMB)

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