Great Elm Cap C (NASDAQ:GECC) insider Peter A. Reed purchased 3,807 shares of Great Elm Cap C stock in a transaction on Friday, November 17th. The stock was bought at an average price of $9.85 per share, with a total value of $37,498.95. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Great Elm Cap C (GECC) opened at $9.87 on Thursday. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.49. Great Elm Cap C has a 1 year low of $8.76 and a 1 year high of $11.90.
A number of analysts have commented on the company. Zacks Investment Research cut Great Elm Cap C from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Janney Montgomery Scott initiated coverage on Great Elm Cap C in a research report on Monday, November 6th. They set a “neutral” rating and a $12.00 target price for the company.
Several large investors have recently added to or reduced their stakes in the stock. Moloney Securities Asset Management LLC bought a new stake in shares of Great Elm Cap C in the 2nd quarter valued at approximately $112,000. GRT Capital Partners L.L.C. purchased a new position in Great Elm Cap C during the 2nd quarter worth $237,000. Quantum Capital Management purchased a new position in Great Elm Cap C during the 3rd quarter worth $512,000. Royal Bank of Canada purchased a new position in Great Elm Cap C during the 2nd quarter worth $512,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Great Elm Cap C by 1.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 50,669 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 871 shares during the period. Hedge funds and other institutional investors own 21.49% of the company’s stock.
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