Prospect Capital Corp (NASDAQ:PSEC): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Prospect Capital Corp (NASDAQ:PSEC) last traded at $3.37, up 1.81% from the previous session.

PSEC stock price is now -5.21% away from the 50-day moving average and -23.53% away from the 200-day moving average. The market capitalization of the company currently stands at $1.52B.

On June 25, 2020, Wells Fargo recently initiated its ‘Underweight’ rating on the stock quoting a target price of $4.50, while ‘Raymond James’ rates the stock as ‘Underperform’

In other news, Barry John F, CHIEF EXECUTIVE OFFICER bought 24,000 shares of the company’s stock on Mar 24 ’25. The stock was bought for $101,681 at an average price of $4.24. Upon completion of the transaction, the CHIEF EXECUTIVE OFFICER now directly owns 82,594,540 shares in the company, valued at $278.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’25, CHIEF EXECUTIVE OFFICER Barry John F bought 24,000 shares of the business’s stock. A total of $102,250 was incurred on buying the stock at an average price of $4.26. This leaves the insider owning 82,570,540 shares of the company worth $278.26 million. A total of 28.11% of the company’s stock is owned by insiders. During the past 12 months, Prospect Capital Corp has had a low of $3.14 and a high of $5.65.

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