WhiteHorse Finance (NASDAQ:WHF) CEO Stuart D. Aronson purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The stock was bought at an average cost of $12.58 per share, with a total value of $25,160.00. Following the purchase, the chief executive officer now owns 12,000 shares of the company’s stock, valued at $150,960. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
WhiteHorse Finance stock opened at $12.63 on Friday. WhiteHorse Finance has a 12-month low of $10.92 and a 12-month high of $15.05. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $263.22, a price-to-earnings ratio of 9.36 and a beta of 0.63.
WhiteHorse Finance (NASDAQ:WHF) last released its earnings results on Friday, March 2nd. The investment management company reported $0.33 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.33. The firm had revenue of $13.92 million for the quarter, compared to analysts’ expectations of $12.59 million. WhiteHorse Finance had a return on equity of 9.46% and a net margin of 62.86%. equities analysts anticipate that WhiteHorse Finance will post 1.38 earnings per share for the current fiscal year.
A number of research firms recently commented on WHF. Zacks Investment Research downgraded WhiteHorse Finance from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 10th. JPMorgan Chase downgraded WhiteHorse Finance from a “neutral” rating to an “underweight” rating in a research note on Tuesday, February 6th. BidaskClub upgraded WhiteHorse Finance from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. Deutsche Bank started coverage on WhiteHorse Finance in a research report on Thursday, March 29th. They issued a “buy” rating and a $14.50 target price on the stock. Finally, Ladenburg Thalmann Financial Services upgraded WhiteHorse Finance from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Monday, March 5th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $13.80.
Several large investors have recently added to or reduced their stakes in WHF. Eqis Capital Management Inc. bought a new stake in shares of WhiteHorse Finance during the fourth quarter worth about $138,000. Susquehanna International Group LLP bought a new stake in shares of WhiteHorse Finance during the third quarter worth about $174,000. JPMorgan Chase & Co. grew its holdings in shares of WhiteHorse Finance by 39.7% during the third quarter. JPMorgan Chase & Co. now owns 19,944 shares of the investment management company’s stock worth $295,000 after purchasing an additional 5,664 shares during the last quarter. AXA grew its holdings in shares of WhiteHorse Finance by 161.6% during the fourth quarter. AXA now owns 33,217 shares of the investment management company’s stock worth $446,000 after purchasing an additional 20,517 shares during the last quarter. Finally, Macquarie Group Ltd. bought a new stake in shares of WhiteHorse Finance during the third quarter worth about $539,000. Institutional investors own 8.83% of the company’s stock.
TRADEMARK VIOLATION WARNING: This report was originally posted by BBNS and is the sole property of of BBNS. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://baseballnewssource.com/2018/04/07/insider-buying-whitehorse-finance-inc-whf-ceo-buys-25160-00-in-stock/2038225.html.
WhiteHorse Finance Company Profile
WhiteHorse Finance, LLC is a business development company.
Receive News & Ratings for WhiteHorse Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteHorse Finance and related companies with MarketBeat.com's FREE daily email newsletter.