Insider Buying: 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 firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average price of $5.48 per share, for a total transaction of $49,868.00. Following the completion of the purchase, the insider now directly owns 136,734 shares of the company’s stock, valued at $749,302.32. This represents a 7.13 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

SuRo Capital Trading Down 2.1 %

SSSS stock opened at $5.70 on Thursday. SuRo Capital Corp. has a 52 week low of $3.32 and a 52 week high of $6.05. The company’s 50-day simple moving average is $4.72 and its 200 day simple moving average is $4.23. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. The company has a market capitalization of $133.25 million, a PE ratio of -3.02 and a beta of 1.66.

Institutional Investors Weigh In On SuRo Capital

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

Analyst Ratings Changes

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

About SuRo Capital

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.