Prospect Capital (PSEC)’s CHIEF EXECUTIVE OFFICER John Barry Made a Purchase of 58,241 Shares; Ship Finance International Limited (SFL) SI Decreased By 6.73%

A well-grounded and judicious transaction was made by the CHIEF EXECUTIVE OFFICER of Prospect Capital Corp, Mr. John Barry, on March 22, 2018, when he purchased a substantial amount of company shares – 58,241, totalling $378,467 U.S Dollars , based on a market stock price of $6.5 a share. In the last month, he also obtained 807,428 shares worth about $5.33 million USD. John Barry possess around 10%+ of Prospect Capital Corp’s market capitalization or 34.56 million shares. Considering the size of the acquisition, it is difficult to stay disregarded. A 4F filing obtainable for free here disclosed this deal activity. It was disclosed on March 22, 2018 and filled with Security Exchange Commission.

Ship Finance International Limited (NYSE:SFL) had a decrease of 6.73% in short interest. SFL’s SI was 5.03 million shares in March as released by FINRA. Its down 6.73% from 5.39 million shares previously. With 566,500 avg volume, 9 days are for Ship Finance International Limited (NYSE:SFL)’s short sellers to cover SFL’s short positions. The SI to Ship Finance International Limited’s float is 6.6%. The stock decreased 1.92% or $0.28 during the last trading session, reaching $14.07. About 508,958 shares traded. Ship Finance International Limited (NYSE:SFL) has declined 8.62% since March 22, 2017 and is downtrending. It has underperformed by 25.32% the S&P500.

Since December 8, 2017, it had 22 insider purchases, and 0 sales for $20.61 million activity. 10,000 shares were bought by Eliasek M Grier, worth $67,700 on Friday, December 15. $1.70M worth of Prospect Capital Corporation (NASDAQ:PSEC) shares were bought by Barry John F. 1,000 shares valued at $6,500 were bought by Stark Eugene S on Monday, March 19.

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation has $10.50 highest and $6 lowest target. $8.50’s average target is 25.74% above currents $6.76 stock price. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Wednesday, August 30 by Raymond James. As per Monday, January 11, the company rating was downgraded by Wells Fargo. The firm has “Sector Perform” rating given on Thursday, February 11 by RBC Capital Markets. On Thursday, April 28 the stock rating was downgraded by Deutsche Bank to “Hold”. BMO Capital Markets maintained the shares of PSEC in report on Wednesday, May 31 with “Hold” rating. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has “Sell” rating given on Wednesday, July 20 by National Securities. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has “Hold” rating given on Friday, October 6 by BMO Capital Markets. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. National Securities initiated the stock with “Neutral” rating in Friday, January 29 report. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, November 10 report.

Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on May, 8. They expect $0.18 earnings per share, down 10.00% or $0.02 from last year’s $0.2 per share. PSEC’s profit will be $65.08M for 9.39 P/E if the $0.18 EPS becomes a reality. After $0.20 actual earnings per share reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

The stock increased 3.84% or $0.25 during the last trading session, reaching $6.76. About 5.29 million shares traded or 142.15% up from the average. Prospect Capital Corporation (NASDAQ:PSEC) has risen 10.36% since March 22, 2017 and is uptrending. It has underperformed by 6.34% the S&P500.

Investors sentiment decreased to 0.7 in Q3 2017. Its down 0.29, from 0.99 in 2017Q2. It dived, as 29 investors sold Prospect Capital Corporation shares while 57 reduced holdings. 32 funds opened positions while 53 raised stakes. 52.14 million shares or 1.02% more from 51.61 million shares in 2017Q2 were reported. Lpl Limited Liability Company holds 261,000 shares. Tiedemann Wealth Mngmt Limited Liability Company holds 0.01% or 11,000 shares. Cubist Systematic Strategies Ltd Liability Corp reported 12,893 shares. Royal State Bank Of Canada accumulated 208,410 shares or 0% of the stock. Argi Invest holds 0.02% or 37,000 shares. Invesco Ltd holds 0.01% or 2.39M shares. Aviance Cap Limited Liability holds 25,721 shares or 0.06% of its portfolio. California-based Ares Management has invested 0.1% in Prospect Capital Corporation (NASDAQ:PSEC). Tower Capital Ltd Limited Liability Company (Trc) reported 3,483 shares stake. Sumitomo Mitsui Hldgs has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). M&T National Bank Corp holds 0% or 29,895 shares. Engineers Gate Manager Limited Partnership holds 206,159 shares. Hl Llc accumulated 182,736 shares or 0.02% of the stock. Cipher Cap L P has invested 0.02% in Prospect Capital Corporation (NASDAQ:PSEC). Tudor Inv Et Al holds 0.01% in Prospect Capital Corporation (NASDAQ:PSEC) or 31,817 shares.

Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands. The company has market cap of $1.45 billion. It is also involved in the charter, purchase, and sale of assets. It has a 13.29 P/E ratio. In addition, the firm operates in various sectors of the shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore supply vessels.