An Insider at Eagle Point Credit Company Inc (ECC) is Buying Shares


Today, an Insider at Eagle Point Credit Company Inc (NYSE: ECC), Daniel Spinner, bought shares of ECC for $211.2M.

Following this transaction Daniel Spinner’s holding in the company was increased by 13.32% to a total of $2.24 million. In addition to Daniel Spinner, 4 other ECC executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Currently, Eagle Point Credit Company Inc has an average volume of 37.75K.

Five different firms, including Compass Point and Deutsche Bank, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $48.74M worth of ECC shares and purchased $8.26B worth of ECC shares.

Daniel Spinner’s trades have generated a -4.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts