Today, a Director at Saratoga Investment (SAR), George Cabell Williams, bought shares of SAR for $154.4K.
This recent transaction increases George Cabell Williams’ holding in the company by 23.19% to a total of $851.9K. Following George Cabell Williams’ last SAR Buy transaction on January 22, 2015, the stock climbed by 4.1%.
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Based on Saratoga Investment’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $15.25 million and quarterly net profit of $13.72 million. In comparison, last year the company earned revenue of $5.35 million and had a net profit of $3.67 million. The company has a one-year high of $28.71 and a one-year low of $5.95. SAR’s market cap is $149 million and the company has a P/E ratio of 3.00.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $21.67, reflecting a -39.5% downside. Starting in July 2019, SAR received 18 Buy ratings in a row. Three different firms, including B.Riley FBR and Compass Point, currently also have a Buy rating on the stock.
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Saratoga Investment Corp. is a specialty finance company, which engages in the provision of financing solutions. Its portfolio includes investments in leveraged loans issued by middle market companies. The company was founded on March 21, 2007 and is headquartered in New York, NY.
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