Prospect Capital Corp (NASDAQ: PSEC) is -40.00% lower on its value in year-to-date trading and has touched a low of $3.10 and a high of $5.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSEC stock was last observed hovering at around $3.39 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $3.36, the stock is 2.42% and 0.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing -0.88% at the moment leaves the stock -18.75% off its SMA200. PSEC registered -22.04% loss for a year compared to 6-month loss of -22.22%. The firm has a 50-day simple moving average (SMA 50) of $3.354 and a 200-day simple moving average (SMA200) of $4.1456.
The stock witnessed a 5.66% gain in the last 1 month and extending the period to 3 months gives it a -5.62%, and is 1.20% 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 2.13% over the week and 2.04% over the month.
Fwd P/E is 7.15. Distance from 52-week low is 8.39% and -40.11% from its 52-week high.
The EPS is expected to shrink by -47.06% this year.
Prospect Capital Corp (PSEC) Top Institutional Holders
243.0 institutions hold shares in Prospect Capital Corp (PSEC), with institutional investors hold 19.16% of the company’s shares. The shares outstanding are 451.53M, and float is at 323.48M with Short Float at 9.44%. Institutions hold 13.73% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 7.25 million shares valued at $40.09 million. The investor’s holdings represent 1.7062% of the PSEC Shares outstanding. As of 2024-06-30, the second largest holder is Y.D. MORE INVESTMENTS LTD with 5.06 million shares valued at $29.06 million to account for 1.1917 of the shares outstanding. The other top investors are LEGAL & GENERAL GROUP PLC which holds 3.33 million shares representing 0.7848% and valued at over $18.42 million, while INVESCO LTD. holds 0.497 of the shares totaling 2.11 million with a market value of $11.68 million.
Prospect Capital Corp (PSEC) Insider Activity
The most recent transaction is an insider purchase by Barry John F,the company’sCHIEF EXECUTIVE OFFICER. SEC filings show that Barry John F bought 319,000 shares of the company’s common stock on Jun 23 ’25 at a price of $3.16 per share for a total of $1.01 million. Following the purchase, the insider now owns 83.59 million shares.
Prospect Capital Corp disclosed in a document filed with the SEC on Jun 20 ’25 that Barry John F (CHIEF EXECUTIVE OFFICER) bought a total of 623,300 shares of the company’s common stock. The trade occurred on Jun 20 ’25 and was made at $3.19 per share for $1.99 million. Following the transaction, the insider now directly holds 83.27 million shares of the PSEC stock.
Still, SEC filings show that on Mar 24 ’25, Barry John F (CHIEF EXECUTIVE OFFICER) acquired 24,000 shares at an average price of $4.24 for $0.1 million. The insider now directly holds 82,594,540 shares of Prospect Capital Corp (PSEC).
