There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on March 15, TICC Capital Corporation's Director, George Stelljes III, invested $71,799.00 into 10,000 shares of TICC, for a cost per share of $7.18. Bargain hunters tend to pay particular attention to insider buys like this one, because 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.

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In trading on Thursday, bargain hunters could buy shares of TICC Capital Corporation ( TICC) and achieve a cost basis even cheaper than Stelljes III, with shares changing hands as low as $7.14 per share. TICC Capital Corporation shares are currently trading trading flat on the day. The chart below shows the one year performance of TICC shares, versus its 200 day moving average:

TICC Capital Corporation Chart

Looking at the chart above, TICC's low point in its 52 week range is $5.01 per share, with $8.19 as the 52 week high point — that compares with a last trade of $7.18. By comparison, below is a table showing the prices at which TICC insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
12/12/2016 Richard W. Neu Director 50,000 $7.07 $353,559.71
12/15/2016 George Stelljes III Director 5,000 $6.74 $33,718.00
12/20/2016 George Stelljes III Director 5,000 $6.56 $32,776.00
03/07/2017 Steven P. Novak Director 5,000 $7.22 $36,100.00
03/15/2017 George Stelljes III Director 10,000 $7.18 $71,799.00

The current annualized dividend paid by TICC Capital Corporation is $0.80/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 06/14/2017. Below is a long-term dividend history chart for TICC, which can be of good help in judging whether the most recent dividend with approx. 11.2% annualized yield is likely to continue.


According to the ETF Finder at ETF Channel, TICC makes up 1.70% of the BDC Income ETF ( BIZD) which is trading lower by about 0.3% on the day Thursday.