New insider activity at Prospect Capital (PSEC) has taken place on March 27, 2025. CEO John F. Barry has made a significant move by purchasing 24,000 shares of Prospect Capital stock, with the transaction valued at $101,520. Prospect Capital has recently made headlines with several key developments. The company announced the full repayment of its convertible bond due in March 2025, marking a significant milestone in its financial management history. Additionally, CEO John Barry made substantial insider purchases, acquiring 240,000 common shares at $4.3046 per share, totaling $1.01 million. These insider moves are often seen as a sign of confidence in the company’s future prospects. However, despite these positive developments, the stock has faced some challenges, with analysts expressing concerns over its incentive fee structure and potential credit headwinds, which have influenced recent price target adjustments. YTD Price Performance: 0.47%, Average Trading Volume: 2,698,521, Technical Sentiment Signal: Buy, Current Market Cap: $1.88B.

Prospect Capital CEO Makes Bold Stock Purchase!

Prospect Capital's CEO John F. Barry purchased 24,000 shares of Prospect Capital stock on March 27, 2025, valued at $101,520. This move follows the company's achievement of repaying its convertible bond due in March 2025. Analysts remain concerned about Prospect Capital's incentive fee structure and potential credit headwinds, which have influenced recent price target adjustments. Despite these challenges, the stock has shown a year-to-date performance of 0.47% and a market capitalization of $1.88 billion.