SuRo Capital Corp. (NASDAQ:SSSS) Insider Buys $49,868.00 in Stock

SuRo Capital Corp. (NASDAQ:SSSS) insider Allison Green purchased 9,100 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of $5.48 per share, for a total transaction of $49,868.00. Following the completion of the transaction, the insider now owns 136,734 shares in the company, valued at approximately $749,302.32. This trade represents a 7.13 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

SuRo Capital Price Performance

NASDAQ:SSSS traded up $0.15 during trading hours on Monday, reaching $5.45. The company had a trading volume of 357,356 shares, compared to its average volume of 91,322. The stock has a 50-day moving average of $4.62 and a two-hundred day moving average of $4.20. SuRo Capital Corp. has a one year low of $3.32 and a one year high of $5.55. The firm has a market capitalization of $127.42 million, a PE ratio of -2.88 and a beta of 1.63. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47.

Hedge Funds Weigh In On SuRo Capital

Several large investors have recently made changes to their positions in the company. Gabelli Funds LLC lifted its stake in shares of SuRo Capital by 139.3% during the second quarter. Gabelli Funds LLC now owns 730,000 shares of the company’s stock valued at $2,927,000 after acquiring an additional 425,000 shares during the period. Acadian Asset Management LLC increased its holdings in shares of SuRo Capital by 91.6% in the second quarter. Acadian Asset Management LLC now owns 131,636 shares of the company’s stock worth $527,000 after acquiring an additional 62,950 shares in the last quarter. Levin Capital Strategies L.P. bought a new stake in shares of SuRo Capital in the second quarter worth about $174,000. Arete Wealth Advisors LLC bought a new position in shares of SuRo Capital during the third quarter worth about $84,000. Finally, Choreo LLC bought a new position in shares of SuRo Capital during the second quarter worth about $62,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

Analyst Ratings Changes

Separately, Barrington Research restated an “outperform” rating and set a $6.00 price objective on shares of SuRo Capital in a research report on Tuesday, November 12th.

SuRo Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.