Insider Trading Alert - PSEC, PFPT And CMG Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, March 21, 2014, 95 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $237.64 to $58,561,295.00.

Highlighted Stocks Traded by Insiders:

Prospect Capital Corporation (PSEC) - FREE Research Report

Barry John F who is Chief Executive Officer at Prospect Capital Corporation bought 100,000 shares at $10.86 on March 21, 2014. Following this transaction, the Chief Executive Officer owned 3.8 million shares meaning that the stake was reduced by 2.71% with the 100,000-share transaction.

The shares most recently traded at $10.92, up $0.06, or 0.55% since the insider transaction. Historical insider transactions for Prospect Capital Corporation go as follows:

  • 4-Week # shares bought: 1,000
  • 12-Week # shares bought: 1,000
  • 24-Week # shares bought: 1,000

The average volume for Prospect Capital Corporation has been 4.6 million shares per day over the past 30 days. Prospect Capital Corporation has a market cap of $3.3 billion and is part of the financial sector and financial services industry. Shares are down 3.83% year-to-date as of the close of trading on Thursday.

Prospect Capital Corporation is a business development company. The stock currently has a dividend yield of 12.29%. The company has a P/E ratio of 9.3. Currently there are 6 analysts that rate Prospect Capital Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on PSEC - FREE

TheStreet Quant Ratings rates Prospect Capital Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Prospect Capital Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

These Stocks Show Change of Direction

Tax Reform Could Boost U.S. Businesses: Cramer's 'Mad Money' Recap (Wednesday 4/26/17)

This Stock Has an Exceptional Dividend Yield of Over 10%

Jump on Harley Davidson, but Stay Away From Costamare: 'Mad Money' Lightning Round

Earnings, Not Just the Trump Rally, Drive Stocks: Cramer's 'Mad Money' Recap (Wednesday 1/18/17)