InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Major Shareholder Bdc Holdings Ltd Investcorp Acquires 1,800 Shares of Stock

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) major shareholder Bdc Holdings Ltd Investcorp bought 1,800 shares of InvestcorpCreditManagementBDCInc . stock in a transaction on Friday, November 29th. The shares were bought at an average cost of $7.15 per share, with a total value of $12,870.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 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 purchased 1,605 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average cost of $7.21 per share, for a total transaction of $11,572.05.
  • On Wednesday, November 27th, Bdc Holdings Ltd Investcorp purchased 1,699 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average cost of $7.20 per share, for a total transaction of $12,232.80.
  • On Monday, November 25th, Bdc Holdings Ltd Investcorp acquired 1,200 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average price of $7.01 per share, with a total value of $8,412.00.
  • On Friday, November 22nd, Bdc Holdings Ltd Investcorp acquired 2,048 shares of InvestcorpCreditManagementBDCInc . stock. The shares were purchased 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 bought 1,400 shares of InvestcorpCreditManagementBDCInc . stock. The shares were purchased at an average cost of $7.02 per share, for a total transaction of $9,828.00.
  • On Monday, November 18th, Bdc Holdings Ltd Investcorp bought 1,700 shares of InvestcorpCreditManagementBDCInc . stock. The shares were purchased at an average cost of $6.90 per share, for a total transaction of $11,730.00.
  • On Friday, November 15th, Bdc Holdings Ltd Investcorp bought 1,600 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased at an average price of $6.91 per share, for a total transaction of $11,056.00.
  • On Wednesday, November 13th, Bdc Holdings Ltd Investcorp purchased 1,200 shares of InvestcorpCreditManagementBDCInc . stock. The stock was purchased 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 shares were purchased at an average price 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 shares were purchased at an average price of $6.73 per share, with a total value of $11,441.00.

Shares of NASDAQ ICMB opened at $7.22 on Tuesday. InvestcorpCreditManagementBDCInc . has a 12 month low of $5.58 and a 12 month high of $8.18. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $98.24 million, a price-to-earnings ratio of 7.21 and a beta of 1.32. The stock’s 50-day simple moving average is $6.82.

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) last announced its 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 negative net margin of 48.63% and a positive return on equity of 9.24%. The company had revenue of $8.12 million during the quarter, compared to analysts’ expectations of $8.86 million. As a group, analysts anticipate that InvestcorpCreditManagementBDCInc . will post 1.01 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the business. Squarepoint Ops LLC bought a new position in shares of InvestcorpCreditManagementBDCInc . in the 3rd quarter worth $97,000. Stephens Inc. AR purchased a new stake in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter valued at $139,000. Oppenheimer & Co. Inc. purchased a new stake in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter valued at $236,000. Finally, California Public Employees Retirement System bought a new stake in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth $243,000. 44.33% of the stock is owned by institutional investors and hedge funds.

ICMB has been the topic of several research analyst reports. Zacks Investment Research raised shares of InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. TheStreet lowered InvestcorpCreditManagementBDCInc . from a “c” rating to a “d+” rating in a research note on Friday, September 13th. Raymond James reduced their target price 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, ValuEngine upgraded InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a research note on Tuesday.

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.

Read More: What are Institutional Investors?

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

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