Insider Buying: Oxford Square Capital Corp. (NASDAQ:OXSQ) COO Buys 12,835 Shares of Stock

Oxford Square Capital Corp. (NASDAQ:OXSQGet Rating) COO Saul B. Rosenthal purchased 12,835 shares of the business’s stock in a transaction that occurred on Tuesday, May 3rd. The stock was bought at an average price of $4.05 per share, for a total transaction of $51,981.75. Following the acquisition, the chief operating officer now owns 1,406,321 shares of the company’s stock, valued at $5,695,600.05. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

NASDAQ:OXSQ traded up $0.09 during mid-day trading on Wednesday, reaching $4.08. The company’s stock had a trading volume of 222,997 shares, compared to its average volume of 179,164. Oxford Square Capital Corp. has a 12-month low of $3.68 and a 12-month high of $5.22. The firm’s fifty day moving average price is $4.06 and its two-hundred day moving average price is $4.12. The stock has a market cap of $202.82 million, a P/E ratio of 20.40 and a beta of 1.13.

Oxford Square Capital (NASDAQ:OXSQGet Rating) last released its quarterly earnings results on Thursday, April 28th. The company reported $0.09 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.09. Oxford Square Capital had a net margin of 25.47% and a return on equity of 6.41%. During the same quarter last year, the company posted $0.10 earnings per share. On average, sell-side analysts anticipate that Oxford Square Capital Corp. will post 0.34 EPS for the current year.

The firm also recently declared a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 16th will be given a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a dividend yield of 10.29%. The ex-dividend date is Thursday, September 15th. Oxford Square Capital’s payout ratio is currently 210.00%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisor Group Holdings Inc. increased its holdings in Oxford Square Capital by 42.7% in the 3rd quarter. Advisor Group Holdings Inc. now owns 57,747 shares of the company’s stock worth $234,000 after acquiring an additional 17,275 shares in the last quarter. Marshall Wace LLP bought a new position in Oxford Square Capital in the 3rd quarter worth approximately $117,000. Virtus ETF Advisers LLC boosted its stake in Oxford Square Capital by 16.1% in the 3rd quarter. Virtus ETF Advisers LLC now owns 78,022 shares of the company’s stock worth $316,000 after purchasing an additional 10,825 shares during the period. BlackRock Inc. boosted its stake in Oxford Square Capital by 18.2% in the 3rd quarter. BlackRock Inc. now owns 342,121 shares of the company’s stock worth $1,386,000 after purchasing an additional 52,721 shares during the period. Finally, Two Sigma Securities LLC bought a new position in Oxford Square Capital in the 3rd quarter worth approximately $42,000. 4.80% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently weighed in on OXSQ shares. Zacks Investment Research upgraded shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th. StockNews.com cut shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a report on Tuesday.

Oxford Square Capital Company Profile (Get Rating)

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.

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