|Day Low/High||19.36 / 19.59|
|52 Wk Low/High||14.91 / 23.19|
These 3 dividend stocks are rated a Hold by TheStreet
A look at the weighted underlying holdings of the BDC Income ETF (BIZD) shows an impressive 54.9% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Triangle Capital Corporation , which makes up 3.35% of the BDC Income ETF (BIZD), has seen 5 directors and officers purchase shares in the past six months, according to the recent Form 4 data.
In trading on Monday, shares of Triangle Capital Corporation crossed below their 200 day moving average of $18.79, changing hands as low as $18.36 per share. Triangle Capital Corporation shares are currently trading off about 2.2% on the day.
Trade-Ideas LLC identified Triangle Capital (TCAP) as a weak on high relative volume candidate
TCAP GHL CEO are going ex-dividend Monday, Monday, June 06, 2016
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Triangle Capital Corporation , 5 different insiders purchased 47,600 shares at an average price of $17.68/share, for a total of $841,333, with the most recent purchase on May 13, 2016.
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Triangle Capital Corporation presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
In trading on Thursday, shares of Triangle Capital Corporation crossed below their 200 day moving average of $19.06, changing hands as low as $16.00 per share. Triangle Capital Corporation shares are currently trading off about 18.5% on the day.