Inside Trade: John Barry Made a Purchase of 269,197 Shares of Prospect Capital (PSEC); Fidelity Southern (LION) Had 2 Analysts Last Week

An insider of the company Prospect Capital Corp, John Barry also its CHIEF EXECUTIVE OFFICER, disclosed his insider activities with the SEC on 02-03-2018. As shown in the document, John had purchased 269,197 shares of the public company . The total insider transaction was worth $1.78 million US Dollars. At the time of the transaction the price of a share was $6.6. John is trying to increase his company’s share, same as he did in the last month. He purchased another 595,228 shares worth $4.00 million USD. The regulatory filing shows that John Barry now has in hand roughly 10%+ of the New York-based company’s total market capitalization

Among 7 analysts covering Fidelity Southern Corp (NASDAQ:LION), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Fidelity Southern Corp had 12 analyst reports since July 17, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of LION in report on Monday, February 26 with “Buy” rating. The stock of Fidelity Southern Corporation (NASDAQ:LION) has “Outperform” rating given on Friday, July 22 by Wood. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. As per Monday, January 22, the company rating was maintained by Sandler O’Neill. Keefe Bruyette & Woods maintained the shares of LION in report on Tuesday, October 3 with “Buy” rating. As per Friday, July 22, the company rating was upgraded by Keefe Bruyette & Woods. The company was maintained on Friday, June 23 by Stephens. The stock has “Buy” rating by Keefe Bruyette & Woods on Monday, June 26. The stock has “Market Perform” rating by FBR Capital on Wednesday, May 18. As per Tuesday, July 25, the company rating was maintained by Stephens. See Fidelity Southern Corporation (NASDAQ:LION) latest ratings:

26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $28.0 Maintain
22/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $25.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $27.0 Maintain
23/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $22.0 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $25.0 Maintain

Since September 21, 2017, it had 2 insider purchases, and 2 selling transactions for $174,483 activity. SHEPHERD W CLYDE III also bought $4,009 worth of Fidelity Southern Corporation (NASDAQ:LION) on Friday, February 9. 2,365 shares valued at $56,797 were sold by Lankford William C Jr on Tuesday, January 23. BOCKEL DAVID R sold $125,696 worth of stock.

The stock increased 2.20% or $0.5 during the last trading session, reaching $23.18. About 60,744 shares traded. Fidelity Southern Corporation (NASDAQ:LION) has risen 36.36% since March 2, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.

Investors sentiment decreased to 1.64 in Q3 2017. Its down 0.59, from 2.23 in 2017Q2. It turned negative, as 11 investors sold Fidelity Southern Corporation shares while 25 reduced holdings. 14 funds opened positions while 45 raised stakes. 17.98 million shares or 2.44% more from 17.55 million shares in 2017Q2 were reported. D E Shaw Co invested in 0% or 69,859 shares. 1.33 million were accumulated by Wellington Mngmt Group Inc Limited Liability Partnership. Metropolitan Life Insur New York holds 16,033 shares. 66,236 were reported by Gendell Jeffrey L. Gamco Invsts Inc Et Al accumulated 45,514 shares. Nationwide Fund Advisors invested in 113,315 shares or 0.01% of the stock. Delta Asset Ltd Liability Corporation Tn holds 0% or 825 shares in its portfolio. 43,967 were accumulated by Gabelli Funds Limited Liability Company. Virginia Retirement Sys Et Al invested 0.01% in Fidelity Southern Corporation (NASDAQ:LION). Salzhauer Michael reported 0.11% in Fidelity Southern Corporation (NASDAQ:LION). Thrivent Finance For Lutherans holds 0% in Fidelity Southern Corporation (NASDAQ:LION) or 25,418 shares. 93,705 are held by Goldman Sachs Grp Inc Inc. Public Employees Retirement Systems Of Ohio, Ohio-based fund reported 19,112 shares. Moreover, Lsv Asset Mgmt has 0.04% invested in Fidelity Southern Corporation (NASDAQ:LION). Price T Rowe Associate Md holds 0% or 13,310 shares in its portfolio.

Fidelity Southern Corporation operates as the holding firm for Fidelity Bank that provides financial services and products primarily for individuals, and small and medium-sized businesses in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets. The company has market cap of $622.01 million. The firm accepts noninterest-bearing demand and interest-bearing demand accounts, including money market accounts and savings deposits; and time deposits. It has a 15.56 P/E ratio. It also offers various loans, such as commercial and industrial loans, commercial real estate loans, indirect automobile loans, real estate construction loans, and real estate mortgage loans, as well as consumer loans, including automobile loans, residential mortgage and home equity loans, and secured and unsecured personal loans.

It closed at $6.56 lastly. It is down 10.36% since March 2, 2017 and is uptrending. It has underperformed by 6.34% the S&P500.

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation has $10.50 highest and $6 lowest target. $8.50’s average target is 29.57% above currents $6.56 stock price. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was downgraded by Wells Fargo to “Underperform” on Monday, January 11. BMO Capital Markets maintained the shares of PSEC in report on Friday, October 6 with “Hold” rating. BMO Capital Markets maintained it with “Hold” rating and $700 target in Wednesday, May 31 report. The firm has “Sell” rating given on Wednesday, July 20 by National Securities. The rating was downgraded by FBR Capital on Thursday, May 11 to “Market Perform”. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has “Underperform” rating given on Thursday, February 11 by Raymond James. The stock has “Market Perform” rating by BMO Capital Markets on Friday, November 10. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, February 11. The firm earned “Neutral” rating on Friday, January 29 by National Securities. On Wednesday, August 23 the stock rating was maintained by BMO Capital Markets with “Hold”.

Since December 8, 2017, it had 15 insider buys, and 0 sales for $16.24 million activity. The insider Eliasek M Grier bought $67,500. On Friday, December 8 the insider Barry John F bought $830,983.

Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on May, 8. They expect $0.18 earnings per share, down 10.00% or $0.02 from last year’s $0.2 per share. PSEC’s profit will be $65.09 million for 9.11 P/E if the $0.18 EPS becomes a reality. After $0.20 actual earnings per share reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

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