A Major Shareholder at Oaktree Specialty Lending Corporation (OCSL) is Selling Shares

Yesterday, a Major Shareholder at Oaktree Specialty Lending Corporation (NASDAQ: OCSL), Leonard Tannenbaum, sold shares of OCSL for $500.

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Based on Oaktree Specialty Lending Corporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $39.63 million and quarterly net profit of $19.62 million. In comparison, last year the company earned revenue of $-70,338,000 and had a net profit of $8.8 million. Currently, Oaktree Specialty Lending Corporation has an average volume of 289.3K.

The insider sentiment on Oaktree Specialty Lending Corporation has been neutral according to 14 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Oaktree Specialty Lending Corp. engages in the provision of custom-tailored financing solutions to small and mid-sized companies, primarily in connection with investments in private equity sponsors. Its platform is principally in the form of one-stop financings, first lien, second lien, mezzanine debt, and equity co-investments.