Gladstone Investment Corporation (NASDAQ: GAIN) is 10.02% higher on its value in year-to-date trading and has touched a low of $11.01 and a high of $14.79 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 GAIN stock was last observed hovering at around $14.05 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $14.06, the stock is -1.16% and 2.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.07% at the moment leaves the stock 7.38% off its SMA200. GAIN registered 8.98% gain for a year compared to 6-month gain of 7.59%.
The stock witnessed a -2.22% loss in the last 1 month and extending the period to 3 months gives it a 8.07%, and is 1.15% 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 0.45% over the week and 1.18% over the month.
Current P/E ratio is 7.90 and Fwd P/E is 16.12. Distance from 52-week low is 27.66% and -4.97% from its 52-week high.
with sales reaching $23.87M over the same period.The EPS is expected to grow by 16.84% this year, but quarterly earnings will post 3.27% year-over-year. Quarterly sales are estimated to grow 7.61% in year-over-year returns.
The shares outstanding are 36.84M, and float is at 36.10M with Short Float at 8.61%.
The top institutional shareholder in the company is MELIA WEALTH LLC with over 0.97 million shares valued at $13.55 million. The investor’s holdings represent 2.6416 of the GAIN Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 0.85 million shares valued at $11.81 million to account for 2.3034 of the shares outstanding. The other top investors are LEGAL & GENERAL GROUP PLC which holds 0.29 million shares representing 0.7978 and valued at over $4.09 million, while TWO SIGMA ADVISERS, LP holds 0.6537 of the shares totaling 0.24 million with a market value of $3.35 million.
Gladstone Investment Corporation (GAIN) Insider Activity
The most recent transaction is an insider purchase by GLADSTONE INVESTMENT CORPORATI, the company’s 10% Owner. SEC filings show that GLADSTONE INVESTMENT CORPORATI bought 250,000 shares of the company’s common stock on Dec 17 ’24 at a price of $10.00 per share for a total of $2.5 million. Following the purchase, the insider now owns 0.5 million shares.
Gladstone Investment Corporation disclosed in a document filed with the SEC on Dec 12 ’24 that GLADSTONE INVESTMENT CORPORATI (10% Owner) bought a total of 125,000 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $10.00 per share for $1.25 million. Following the transaction, the insider now directly holds 0.25 million shares of the GAIN stock.
