Hercules Capital Inc. (NYSE: HTGC) is 6.55% higher on its value in year-to-date trading and has touched a low of $10.87 and a high of $16.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HTGC stock was last observed hovering at around $13.72 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $13.93, the stock is 5.03% and 8.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing 1.53% at the moment leaves the stock 3.00% off its SMA200. HTGC registered 2.90% gain for a year compared to 6-month loss of -0.46%.
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The stock witnessed a 7.88% gain in the last 1 month and extending the period to 3 months gives it a -10.62%, and is 4.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.05% over the week and 2.99% over the month.
Hercules Capital Inc. (HTGC) has around 100 employees, a market worth around $1.93B and $361.60M in sales. Current P/E ratio is 9.48 and Fwd P/E is 7.45. Profit margin for the company is 54.60%. Distance from 52-week low is 28.10% and -13.48% from its 52-week high. The company has generated returns on investments over the last 12 months (6.20%).
Hercules Capital Inc. (HTGC) Analyst Forecasts
Hercules Capital Inc. is expected to release its quarterly report on 07/27/2023.The EPS is expected to shrink by -47.00% this year
Hercules Capital Inc. (HTGC) Top Institutional Holders
The shares outstanding are 135.25M, and float is at 128.50M with Short Float at 7.92%.
Hercules Capital Inc. (HTGC) Insider Activity
A total of 37 insider transactions have happened at Hercules Capital Inc. (HTGC) in the last six months, with sales accounting for 21 and purchases happening 16 times. The most recent transaction is an insider purchase by CROWELL GAYLE A, the company’s Director. SEC filings show that CROWELL GAYLE A bought 7,200 shares of the company’s common stock on May 08 at a price of $13.66 per share for a total of $98352.0. Following the purchase, the insider now owns 38845.0 shares.
Hercules Capital Inc. disclosed in a document filed with the SEC on Mar 17 that Loo Wade (Director) bought a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 17 and was made at $11.95 per share for $47800.0. Following the transaction, the insider now directly holds 8059.0 shares of the HTGC stock.
Still, SEC filings show that on Nov 21, Bluestein Scott (Chief Executive Officer) disposed off 100,000 shares at an average price of $14.16 for $1.42 million. The insider now directly holds 946,621 shares of Hercules Capital Inc. (HTGC).
