Prospector Partners LLC reduced its position in Otis Worldwide Co. by 24.5% during the 4th quarter, according to its most recent 13F filing. The company now owns 97,201 shares of Otis Worldwide, valued at $9,002,000. Other institutional investors increased their positions in Otis Worldwide, including Vanguard Group Inc., JPMorgan Chase & Co., and Geode Capital Management LLC. The company's market cap is $35.99 billion, and it has a 12-month high of $106.83 and a 12-month low of $89.76. Otis Worldwide also announced a share repurchase plan and paid a quarterly dividend.

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.

Prospect Capital Corp (NASDAQ:PSEC), led by CEO John Barry, recently purchased 24,000 shares on March 19, 2025, at an average price of $4.2971 per share, totaling approximately $103,130. This purchase comes amidst the company's fourth-quarter 2024 earnings, which fell short of expectations, with an EPS of -$0.07 and revenue of $185.5 million, below forecasts. Despite these challenges, the company's net investment income remained strong at $86.4 million, or $0.20 per share.

Troilus Gold Corp. has finalized the strategic divestiture of its non-core Mike Lake properties in Yukon, Canada, selling them to Prospector Metals Corp. The deal includes share consideration of 19.9% of Prospector Metals and milestone payments. Troilus aims to focus on developing its flagship Troilus Gold Project in Quebec while retaining an interest in Mike Lake under Prospector Metal's management.

Prospector Capital Corp. announced that it received a letter from Nasdaq confirming its de-listing due to failing to meet the minimum market value requirement. The Company completed its business combination on December 21, 2023, and Nasdaq has now confirmed no further action is necessary.