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.
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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