Allison Green Purchases 9,100 Shares of SuRo Capital Corp. (NASDAQ:SSSS) Stock

SuRo Capital Corp. (NASDAQ:SSSS) insider Allison Green acquired 9,100 shares of SuRo Capital stock in a transaction dated Monday, December 2nd. The shares were bought at an average cost of $5.48 per share, with a total value of $49,868.00. Following the transaction, the insider now owns 136,734 shares in the company, valued at approximately $749,302.32. This trade represents a 7.13 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

SuRo Capital Trading Up 6.8 %

NASDAQ SSSS opened at $5.82 on Wednesday. The stock has a market capitalization of $136.07 million, a price-to-earnings ratio of -3.08 and a beta of 1.66. SuRo Capital Corp. has a one year low of $3.32 and a one year high of $6.05. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32. The business’s fifty day moving average is $4.69 and its 200-day moving average is $4.22.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Gabelli Funds LLC grew its holdings in SuRo Capital by 139.3% during the 2nd quarter. Gabelli Funds LLC now owns 730,000 shares of the company’s stock valued at $2,927,000 after buying an additional 425,000 shares in the last quarter. Acadian Asset Management LLC grew its holdings in SuRo Capital by 91.6% during the 2nd quarter. Acadian Asset Management LLC now owns 131,636 shares of the company’s stock valued at $527,000 after buying an additional 62,950 shares in the last quarter. Choreo LLC purchased a new position in SuRo Capital during the 2nd quarter valued at about $62,000. Levin Capital Strategies L.P. purchased a new position in SuRo Capital during the 2nd quarter valued at about $174,000. Finally, Arete Wealth Advisors LLC purchased a new position in SuRo Capital during the 3rd quarter valued at about $84,000. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Analyst Ratings Changes

Separately, Barrington Research reaffirmed an “outperform” rating and set a $6.00 price objective on shares of SuRo Capital in a research report on Tuesday, November 12th.

About SuRo Capital

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.