Oxford Square Capital (NASDAQ:OXSQ) COO Saul Rosenthal Buys 144,703 Shares

Oxford Square Capital Corp. (NASDAQ:OXSQ) COO Saul Rosenthal purchased 144,703 shares of the stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $1.15 per share, with a total value of $166,408.45. Following the completion of the acquisition, the chief operating officer directly owned 2,201,479 shares of the company’s stock, valued at approximately $2,531,700.85. This represents a 7.04% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Oxford Square Capital Price Performance

NASDAQ:OXSQ opened at $1.27 on Thursday. The business’s 50-day simple moving average is $1.78 and its 200-day simple moving average is $1.82. Oxford Square Capital Corp. has a fifty-two week low of $1.05 and a fifty-two week high of $2.42. The stock has a market capitalization of $118.78 million, a PE ratio of -2.95 and a beta of 0.48.

Oxford Square Capital (NASDAQ:OXSQ) last announced its earnings results on Wednesday, April 29th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). Oxford Square Capital had a positive return on equity of 14.11% and a negative net margin of 92.37%.The company had revenue of ($23.52) million for the quarter, compared to analyst estimates of $9.84 million.

Oxford Square Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.035 per share. This represents a c) dividend on an annualized basis and a dividend yield of 33.1%. The ex-dividend date is Wednesday, September 16th. Oxford Square Capital’s dividend payout ratio (DPR) is presently -97.67%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Oxford Square Capital from a “strong sell” rating to a “sell” rating in a report on Sunday. Weiss Ratings cut Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Oxford Square Capital

A number of large investors have recently modified their holdings of the business. Dynamic Technology Lab Private Ltd bought a new stake in Oxford Square Capital during the first quarter worth about $28,000. StoneX Group Inc. acquired a new position in shares of Oxford Square Capital during the 4th quarter worth approximately $29,000. Arkadios Wealth Advisors acquired a new position in shares of Oxford Square Capital during the 3rd quarter worth approximately $32,000. McIlrath & Eck LLC bought a new stake in shares of Oxford Square Capital during the 4th quarter worth approximately $43,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Oxford Square Capital in the 3rd quarter valued at approximately $42,000. 6.44% of the stock is currently owned by institutional investors and hedge funds.

Oxford Square Capital Company Profile

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.