Top Buys By Top Brass: Chairman Of The Board Sterling's $188K Bet On BKCC

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. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $188K by Steven Sterling, CEO and Chairman of the Board at Blackrock Capital Investment Cor ( BKCC).

Click here to find out which other top insider buys by the ''top brass'' you need to know about »

Sterling bets big on BKCC:
Purchased Insider Title Shares Price/Share Value
05/14/2015 Steven Sterling CEO and Chairman of the Board 20,000 $9.40 $188,000.00

Sterling's average cost works out to $9.40/share. Shares of Blackrock Capital Investment Cor were changing hands at $9.59 at last check, trading up about 0.8% on Monday. The chart below shows the one year performance of BKCC shares, versus its 200 day moving average:

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