Several other research firms have also recently issued reports on GAIN. Zacks Investment Research raised Green Brick Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. ValuEngine upgraded Xylem from a “hold” rating to a “buy” rating in a report on Friday, June 21st. Finally, LADENBURG THALM/SH SH restated a “buy” rating and issued a $1.25 price objective on shares of Arch Therapeutics in a report on Wednesday, May 15th.
GAIN traded down $0.02 during trading on Friday, reaching $11.16. 141,135 shares of the company were exchanged, compared to its average volume of 113,241. The firm has a market capitalization of $366.29 million, a PE ratio of 14.49 and a beta of 0.85. The business’s 50 day moving average price is $11.35. Gladstone Investment has a 52 week low of $8.70 and a 52 week high of $12.70.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Claybrook Capital LLC acquired a new stake in shares of Gladstone Investment during the fourth quarter worth $26,000. Winslow Evans & Crocker Inc. grew its stake in shares of Gladstone Investment by 65.0% during the second quarter. Winslow Evans & Crocker Inc. now owns 2,600 shares of the investment management company’s stock worth $30,000 after purchasing an additional 1,024 shares during the period. Advisory Services Network LLC grew its stake in shares of Gladstone Investment by 44.5% during the first quarter. Advisory Services Network LLC now owns 3,020 shares of the investment management company’s stock worth $35,000 after purchasing an additional 930 shares during the period. Advisor Group Inc. grew its stake in shares of Gladstone Investment by 40.2% during the fourth quarter. Advisor Group Inc. now owns 11,521 shares of the investment management company’s stock worth $107,000 after purchasing an additional 3,306 shares during the period. Finally, Bessemer Group Inc. acquired a new stake in shares of Gladstone Investment during the fourth quarter worth $125,000. 12.24% of the stock is owned by institutional investors and hedge funds.
Gladstone Investment Company Profile
Gladstone Investment Corporation is a private equity fund specializing in lower middle market, acquisitions, mature stage, buyouts; recapitalizations; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.
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