SuRo Capital Corp. (NASDAQ:SSSS) CEO Mark D. Klein Purchases 10,000 Shares

SuRo Capital Corp. (NASDAQ:SSSS) CEO Mark D. Klein bought 10,000 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were acquired at an average price of $5.03 per share, with a total value of $50,300.00. Following the transaction, the chief executive officer now directly owns 1,098,666 shares of the company’s stock, valued at approximately $5,526,289.98. This trade represents a 0.92 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

SuRo Capital Price Performance

Shares of NASDAQ SSSS opened at $5.30 on Friday. The stock has a fifty day moving average of $4.62 and a 200-day moving average of $4.20. The stock has a market cap of $123.91 million, a PE ratio of -2.80 and a beta of 1.63. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. SuRo Capital Corp. has a fifty-two week low of $3.32 and a fifty-two week high of $5.44.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

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

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.