Rand Capital Co. (NASDAQ:RAND) Director Adam Samuel Gusky Buys 7,544 Shares

Rand Capital Co. (NASDAQ:RANDGet Rating) Director Adam Samuel Gusky bought 7,544 shares of the firm’s stock in a transaction that occurred on Tuesday, May 10th. The stock was bought at an average price of $14.88 per share, with a total value of $112,254.72. Following the completion of the acquisition, the director now owns 16,625 shares of the company’s stock, valued at approximately $247,380. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Adam Samuel Gusky also recently made the following trade(s):

  • On Monday, March 14th, Adam Samuel Gusky purchased 500 shares of Rand Capital stock. The shares were acquired at an average cost of $16.22 per share, with a total value of $8,110.00.

Shares of NASDAQ RAND opened at $15.00 on Thursday. The company has a market capitalization of $38.72 million, a price-to-earnings ratio of 2.45 and a beta of 0.53. The business has a 50-day moving average of $15.31 and a two-hundred day moving average of $15.77. Rand Capital Co. has a 1 year low of $13.71 and a 1 year high of $26.98.

Rand Capital (NASDAQ:RANDGet Rating) last announced its quarterly earnings results on Tuesday, March 8th. The asset manager reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $1.24 million during the quarter. Rand Capital had a return on equity of 2.75% and a net margin of 387.59%.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Wednesday, June 1st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Tuesday, May 31st. Rand Capital’s dividend payout ratio (DPR) is 9.80%.

An institutional investor recently raised its position in Rand Capital stock. Shufro Rose & Co. LLC increased its position in Rand Capital Co. (NASDAQ:RANDGet Rating) by 168.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 41,394 shares of the asset manager’s stock after purchasing an additional 25,950 shares during the period. Shufro Rose & Co. LLC owned 1.60% of Rand Capital worth $627,000 at the end of the most recent quarter. 1.41% of the stock is currently owned by hedge funds and other institutional investors.

Rand Capital Company Profile (Get Rating)

Rand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies.

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Insider Buying and Selling by Quarter for Rand Capital (NASDAQ:RAND)

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