Today, the CFO & Treasurer of Pennantpark Investment (PNNT), Aviv Efrat, bought shares of PNNT for $58.2K.
This recent transaction increases Aviv Efrat’s holding in the company by 21.86% to a total of $356.8K. In addition to Aviv Efrat, 3 other PNNT executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Pennantpark Investment’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $20.67 million and quarterly net profit of $19.2 million. In comparison, last year the company earned revenue of $8.22 million and had a net profit of $6.78 million. Currently, Pennantpark Investment has an average volume of 533.24K. The company has a one-year high of $7.19 and a one-year low of $1.76.
The insider sentiment on Pennantpark Investment has been positive according to 18 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.
PennantPark Investment Corp. engages in the provision of access to the middle market direct lending. It seeks to create diversified portfolio which includes first lien secured debt, second lien secured debt, subordinated debt and equity investments. The company was founded by Arthur H. Penn on January 11, 2007 and is headquartered in New York, NY.
