Guess Who Picked Great Elm Capital Group Inc. (NASDAQ:GEC) Shares

gec
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

See who picked Bellicum Pharmaceuticals (NASDAQ:BLCM)
Park West Is Buying Kindred Biosciences Inc. (NASDAQ...
Meso Numismatics (MSSV) skyrocketing

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Great Elm Capital Group Inc. (NASDAQ:GEC) reported that MAST Capital has picked up 4,055,913 of common stock as of 2017-04-20.

The acquisition brings the aggregate amount owned by MAST Capital to a total of 4,055,913 representing less than 17.5% stake in the company.

For those not familiar with the company, Great Elm Capital Corp. (NASDAQ: GECC, “GECC”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. GECC has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended.

A glance at Great Elm Capital Group Inc. (NASDAQ:GEC)’s key stats reveals a current market capitalization of 78.86 Million based on 23.19 Million shares outstanding and a price at last close of $3.40 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-30 Mast picked up 1,104,596 at a purchase price of $3.29. This brings their total holding to 1,947,735 as of the date of the filing.

On the sell side, the most recent transaction saw Mast unload 4,338,000 shares at a sale price of $0.88. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Great Elm Capital Group Inc. (NASDAQ:GEC) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Blackrock Inc. (NYSE:BLK) is Attracting Smart...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Blackrock Inc. (NYSE:BLK) reported that Norges Bank has picked up
Sacks Bradley J. Picked Up Uluru Inc. (OTCMKT...
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Uluru Inc. (OTCMKTS:ULUR) reported that Sacks Bradley J. has picked
Petros Pharmaceuticals PTPI short squeeze

Petros Pharmaceuticals PTPI is possibly about to explode again as the short position increases as PPS is ticking up. Pay attention to PTPI

related post

Skip to content