Oaktree Specialty Lending Corp (NASDAQ: OCSL) is 1.83% higher on its value in year-to-date trading and has touched a low of $14.89 and a high of $20.01 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 OCSL stock was last observed hovering at around $15.73 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $15.56, the stock is -2.32% and -0.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing -1.08% at the moment leaves the stock -6.73% off its SMA200. OCSL registered -21.69% loss for a year compared to 6-month loss of -5.18%. The firm has a 50-day simple moving average (SMA 50) of $15.68 and a 200-day simple moving average (SMA200) of $16.68325.
The stock witnessed a -0.19% gain in the last 1 month and extending the period to 3 months gives it a -4.95%, and is -2.63% down 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 2.05% over the week and 1.53% over the month.
Current P/E ratio is 23.22 and Fwd P/E is 8.23. Distance from 52-week low is 4.50% and -22.24% from its 52-week high.
The EPS is expected to shrink by -11.24% this year
232.0 institutions hold shares in Oaktree Specialty Lending Corp (OCSL), with institutional investors hold 48.81% of the company’s shares. The shares outstanding are 82.25M, and float is at 79.97M with Short Float at 0.81%. Institutions hold 47.48% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 1.89 million shares valued at $35.46 million. The investor’s holdings represent 2.3039 of the OCSL Shares outstanding. As of 2024-06-30, the second largest holder is OAKTREE CAPITAL MANAGEMENT LP with 1.85 million shares valued at $34.84 million to account for 2.2638 of the shares outstanding. The other top investors are ARES MANAGEMENT LLC which holds 1.77 million shares representing 2.1586 and valued at over $33.23 million, while BRUNI J V & CO /CO holds 1.8471 of the shares totaling 1.51 million with a market value of $28.43 million.
Oaktree Specialty Lending Corp (OCSL) Insider Activity
The most recent transaction is an insider purchase by CALDWELL PHYLLIS R, the company’s Director. SEC filings show that CALDWELL PHYLLIS R bought 2,500 shares of the company’s common stock on Feb 25 ’25 at a price of $15.83 per share for a total of $39575.0. Following the purchase, the insider now owns 16000.0 shares.
Oaktree Specialty Lending Corp disclosed in a document filed with the SEC on Feb 24 ’25 that Pendo Mathew (President) bought a total of 6,260 shares of the company’s common stock. The trade occurred on Feb 24 ’25 and was made at $15.93 per share for $99690.0. Following the transaction, the insider now directly holds 52596.0 shares of the OCSL stock.
Still, SEC filings show that on Feb 24 ’25, Khanna Raghav (Co-Chief Investment Officer) acquired 6,000 shares at an average price of $15.95 for $95700.0. The insider now directly holds 6,000 shares of Oaktree Specialty Lending Corp (OCSL).
