Reginald Newman Invested in 7,730 Shares of Rand Capital (RAND); 3 Analysts Bullish Stellus Capital Investment (SCM)

Reginald Newman who is the director of Rand Capital Corp a few days ago obtained 7,730 shares of the New York-based company. The new insider transaction has $21,258 USD total value, at an average stock price per share of $2.8. He also obtained 20,000 shares worth total $55,000 USD in the last 30 days. Reginald Newman currently holds 167,730 shares which make up about 2.65% of the New York-based company’s total market cap. The acquisition, dated 23/01/2018, is recorded on a document which was filed with the U.S. Security and Exchange Commission and is also at your disposal for a review here.

Among 7 analysts covering Stellus Capital (NYSE:SCM), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Stellus Capital has $15 highest and $11 lowest target. $13.93’s average target is 9.51% above currents $12.72 stock price. Stellus Capital had 15 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, November 10 by Robert W. Baird. The company was downgraded on Thursday, July 14 by Robert W. Baird. The rating was reinitiated by Janney Capital on Wednesday, April 27 with “Neutral”. Ladenburg initiated Stellus Capital Investment Corporation (NYSE:SCM) on Monday, September 25 with “Buy” rating. The firm has “Hold” rating given on Wednesday, May 31 by Keefe Bruyette & Woods. The firm earned “Mkt Perform” rating on Thursday, February 2 by Keefe Bruyette & Woods. Raymond James upgraded Stellus Capital Investment Corporation (NYSE:SCM) rating on Tuesday, April 11. Raymond James has “Outperform” rating and $15 target. As per Sunday, July 23, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Hold” rating on Friday, November 10 by Keefe Bruyette & Woods. The firm has “Outperform” rating given on Wednesday, January 20 by Robert W. Baird. See Stellus Capital Investment Corporation (NYSE:SCM) latest ratings:

10/11/2017 Broker: Robert W. Baird Rating: Hold New Target: $13.0 Maintain
10/11/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $14.0 Maintain
22/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $14.5 Maintain
25/09/2017 Broker: Ladenburg Rating: Buy New Target: $14.5 Initiate
04/08/2017 Broker: Oppenheimer Rating: Buy New Target: $15.0000 Maintain

The stock decreased 0.16% or $0.02 during the last trading session, reaching $12.72. About 52,331 shares traded. Stellus Capital Investment Corporation (NYSE:SCM) has risen 41.16% since January 24, 2017 and is uptrending. It has outperformed by 24.46% the S&P500.

Stellus Capital Investment Corporation is a business development firm specializing in investments in private middle-market companies. The company has market cap of $202.83 million. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. It has a 7.6 P/E ratio.

Investors sentiment decreased to 1.75 in Q3 2017. Its down 0.45, from 2.2 in 2017Q2. It is negative, as 6 investors sold Stellus Capital Investment Corporation shares while 6 reduced holdings. 10 funds opened positions while 11 raised stakes. 3.90 million shares or 4.63% more from 3.73 million shares in 2017Q2 were reported. California Pub Employees Retirement System holds 0% or 22,000 shares. 63,089 were accumulated by Wells Fargo & Mn. Oppenheimer And has invested 0.01% in Stellus Capital Investment Corporation (NYSE:SCM). Advisors Asset Management Inc holds 610,976 shares or 0.14% of its portfolio. Ares Mngmt Ltd Llc owns 282,056 shares for 0.13% of their portfolio. Savings Bank Of America De has invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). Cwm Ltd reported 1,839 shares stake. Lakeview Cap Prtn Llc accumulated 16,500 shares or 0.18% of the stock. Jpmorgan Chase & Communication invested in 80,973 shares or 0% of the stock. New York-based Blackrock has invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). Janney Montgomery Scott Ltd Limited Liability Company has invested 0% in Stellus Capital Investment Corporation (NYSE:SCM). 81,214 are held by Raymond James And. Manufacturers Life Ins The accumulated 662 shares or 0% of the stock. Raymond James Advisors holds 35,311 shares. Axa accumulated 13,200 shares.

Since December 8, 2017, it had 1 buying transaction, and 0 selling transactions for $98,076 activity. Bilger Bruce R bought $98,076 worth of stock.

Since January 17, 2018, it had 1 insider buy, and 0 insider sales for $55,000 activity. NEWMAN REGINALD B II bought 20,000 shares worth $55,000.

Investors sentiment increased to 5 in Q3 2017. Its up 2.00, from 3 in 2017Q2. It is positive, as 1 investors sold Rand Capital Corporation shares while 0 reduced holdings. 3 funds opened positions while 2 raised stakes. 1.72 million shares or 225.01% more from 530,429 shares in 2017Q2 were reported. Atlantic Group Limited Liability Corporation stated it has 0% in Rand Capital Corporation (NASDAQ:RAND). The Maryland-based Brown Advisory Incorporated has invested 0% in Rand Capital Corporation (NASDAQ:RAND). Raffles Associate L P owns 85,000 shares. Associated Banc holds 300,000 shares. Moreover, Shufro Rose & Lc has 0.05% invested in Rand Capital Corporation (NASDAQ:RAND) for 179,639 shares.

Rand Capital Corporation is a business development firm specializing in venture capital and private equity investments. The company has market cap of $17.45 million. The firm prefers to make investments through equity or debt instruments in early venture, expansion stage, and in small to medium-sized privately held companies. It currently has negative earnings. It generally lends to more mature companies.

The stock decreased 0.72% or $0.02 during the last trading session, reaching $2.76. About 19,863 shares traded or 5.87% up from the average. Rand Capital Corporation (NASDAQ:RAND) has declined 26.23% since January 24, 2017 and is downtrending. It has underperformed by 42.93% the S&P500.