Insider Buying: InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Major Shareholder Acquires 1,870 Shares of Stock

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) major shareholder Bdc Holdings Ltd Investcorp purchased 1,870 shares of the stock in a transaction dated Wednesday, February 12th. The shares were bought at an average cost of $7.36 per share, for a total transaction of $13,763.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, February 14th, Bdc Holdings Ltd Investcorp purchased 1,838 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average price of $7.43 per share, with a total value of $13,656.34.
  • On Monday, February 10th, Bdc Holdings Ltd Investcorp acquired 2,048 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average price of $7.33 per share, with a total value of $15,011.84.
  • On Thursday, February 6th, Bdc Holdings Ltd Investcorp acquired 5,996 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average price of $7.22 per share, with a total value of $43,291.12.
  • On Monday, February 3rd, Bdc Holdings Ltd Investcorp acquired 1,928 shares of InvestcorpCreditManagementBDCInc . stock. The shares were bought at an average cost of $7.06 per share, for a total transaction of $13,611.68.
  • On Friday, January 31st, Bdc Holdings Ltd Investcorp bought 1,700 shares of InvestcorpCreditManagementBDCInc . stock. The shares were bought at an average price of $7.11 per share, for a total transaction of $12,087.00.
  • On Monday, January 27th, Bdc Holdings Ltd Investcorp bought 1,400 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.12 per share, with a total value of $9,968.00.
  • On Wednesday, January 29th, Bdc Holdings Ltd Investcorp bought 4,000 shares of InvestcorpCreditManagementBDCInc . stock. The stock was bought at an average cost of $7.06 per share, with a total value of $28,240.00.
  • On Thursday, January 23rd, Bdc Holdings Ltd Investcorp purchased 2,048 shares of InvestcorpCreditManagementBDCInc . stock. The shares were bought at an average price of $7.08 per share, with a total value of $14,499.84.
  • On Friday, January 17th, Bdc Holdings Ltd Investcorp purchased 921 shares of InvestcorpCreditManagementBDCInc . stock. The shares were purchased at an average cost of $7.04 per share, for a total transaction of $6,483.84.
  • On Tuesday, January 21st, Bdc Holdings Ltd Investcorp purchased 4,121 shares of InvestcorpCreditManagementBDCInc . stock. The shares were purchased at an average cost of $7.04 per share, for a total transaction of $29,011.84.

Shares of ICMB stock opened at $7.40 on Friday. The stock has a market capitalization of $101.82 million, a PE ratio of -22.42 and a beta of 1.32. The company has a current ratio of 1.25, a quick ratio of 2.99 and a debt-to-equity ratio of 1.23. InvestcorpCreditManagementBDCInc . has a fifty-two week low of $6.13 and a fifty-two week high of $8.13. The firm has a fifty day moving average price of $7.05.

InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.26 by $0.01. The business had revenue of $9.43 million for the quarter, compared to analyst estimates of $8.71 million. InvestcorpCreditManagementBDCInc . had a negative net margin of 13.00% and a positive return on equity of 9.53%. Analysts forecast that InvestcorpCreditManagementBDCInc . will post 1 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 13th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, March 12th. This represents a $1.00 annualized dividend and a yield of 13.51%. InvestcorpCreditManagementBDCInc .’s dividend payout ratio (DPR) is currently 101.01%.

Several equities analysts recently weighed in on ICMB shares. ValuEngine downgraded InvestcorpCreditManagementBDCInc . from a “hold” rating to a “sell” rating in a research note on Thursday. Zacks Investment Research cut InvestcorpCreditManagementBDCInc . from a “hold” rating to a “sell” rating in a report on Thursday.

Large investors have recently bought and sold shares of the business. Squarepoint Ops LLC acquired a new position in shares of InvestcorpCreditManagementBDCInc . during the 3rd quarter worth approximately $97,000. Stephens Inc. AR purchased a new stake in InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at approximately $139,000. Oppenheimer & Co. Inc. purchased a new stake in InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at approximately $236,000. California Public Employees Retirement System acquired a new stake in InvestcorpCreditManagementBDCInc . during the 3rd quarter valued at $243,000. Finally, Raymond James & Associates grew its holdings in InvestcorpCreditManagementBDCInc . by 6.4% during the 4th quarter. Raymond James & Associates now owns 222,239 shares of the company’s stock valued at $1,489,000 after buying an additional 13,284 shares during the last quarter. Hedge funds and other institutional investors own 44.33% of the company’s stock.

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.

Recommended Story: Overbought

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

Receive News & Ratings for InvestcorpCreditManagementBDCInc . Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InvestcorpCreditManagementBDCInc . and related companies with MarketBeat.com's FREE daily email newsletter.