Robert S. Birch Buys 10,000 Shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) Stock

Sutter Rock Capital Corp. (NASDAQ:SSSS) major shareholder Robert S. Birch purchased 10,000 shares of Sutter Rock Capital stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average price of $6.77 per share, with a total value of $67,700.00. Following the acquisition, the insider now directly owns 1,545,000 shares of the company’s stock, valued at approximately $10,459,650. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Sutter Rock Capital stock opened at $6.51 on Friday. The stock’s 50-day simple moving average is $6.78. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 1.02. Sutter Rock Capital Corp. has a 52 week low of $5.61 and a 52 week high of $8.39.

Separately, TheStreet upgraded Sutter Rock Capital from a “c” rating to a “b” rating in a report on Wednesday, November 27th.

A number of hedge funds have recently modified their holdings of the business. Trexquant Investment LP lifted its position in Sutter Rock Capital by 28.1% during the fourth quarter. Trexquant Investment LP now owns 17,602 shares of the company’s stock worth $115,000 after acquiring an additional 3,866 shares during the last quarter. Virtu Financial LLC acquired a new stake in Sutter Rock Capital during the fourth quarter worth approximately $69,000. Wedbush Securities Inc. acquired a new stake in Sutter Rock Capital during the third quarter worth approximately $80,000. New Jersey Better Educational Savings Trust acquired a new stake in Sutter Rock Capital during the third quarter worth approximately $87,000. Finally, Bank of New York Mellon Corp acquired a new stake in Sutter Rock Capital during the fourth quarter worth approximately $101,000. Hedge funds and other institutional investors own 25.96% of the company’s stock.

About Sutter Rock Capital

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.

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Insider Buying and Selling by Quarter for Sutter Rock Capital (NASDAQ:SSSS)

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