Today, a Director at Main Street Capital (MAIN), Arthur French, bought shares of MAIN for $38.
Following Arthur French’s last MAIN Buy transaction on September 03, 2015, the stock climbed by 16.3%. In addition to Arthur French, one other MAIN executive reported Buy trades in the last month.
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Based on Main Street Capital’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $69.09 million and quarterly net profit of $68.74 million. In comparison, last year the company earned revenue of $64.16 million and had a net profit of $34.9 million. MAIN’s market cap is $2.32B and the company has a P/E ratio of 10.27. Currently, Main Street Capital has an average volume of 249.9K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $38.33, reflecting a -0.2% downside.
The insider sentiment on Main Street Capital has been positive according to 245 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Main Street Capital Corp. is a business development company. It focuses on providing customized debt and equity financing solutions. The company’s portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancing and acquisitions of companies.
