TURN
180 Degree CapitalTURN
TURN
About: 180 Degree Capital Corp is active in the financial services domain. It is a non-diversified closed-end management investment company whose objective is to achieve long-term capital appreciation by making venture capital investments. It focuses its investments on companies commercializing and integrating products enabled by disruptive technologies mainly in the life sciences, precision medicine, and health industries.
Employees: 8
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
438% more call options, than puts
Call options by funds: $172K | Put options by funds: $32K
38% more funds holding
Funds holding: 16 [Q2] → 22 (+6) [Q3]
0.36% less ownership
Funds ownership: 18.69% [Q2] → 18.34% (-0.36%) [Q3]
12% less capital invested
Capital invested by funds: $7.08M [Q2] → $6.21M (-$867K) [Q3]
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Research analyst outlook
We haven’t received any recent analyst ratings for TURN.
Financial journalist opinion
Based on 4 articles about TURN published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
180 Degree Capital Corp. Responds to Letter from Marlton Partners
MONTCLAIR, N.J., Dec. 18, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180 Degree Capital” or the “Company”) (NASDAQ:TURN) today announced that it has received the press release issued, and the notice of nomination submitted, by Marlton Partners L.P. (“Marlton”) on December 17, 2024.
Neutral
GlobeNewsWire
4 days ago
Marlton Nominates Three Highly Qualified and Independent Candidates for Election to 180 Degree Capital Corporation (“TURN”) Board of Directors
Marlton Seeks NAV Capital Returns and Accountability From Underperforming Management and Disengaged Directors Marlton Seeks NAV Capital Returns and Accountability From Underperforming Management and Disengaged Directors
Neutral
GlobeNewsWire
2 weeks ago
180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Eleventh Month of Initial Measurement Period of Its Discount Management Program
MONTCLAIR, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180 Degree Capital”) (NASDAQ: TURN), noted today that the average discount between its estimated daily net asset value per share (“NAV”) and its daily closing stock price during November 2024 and year-to-date through the end of November 2024, were approximately 21% and 20%, respectively.1 This discount was approximately 26% on November 29, 2024, the last day of trading of the month.
Neutral
GlobeNewsWire
3 weeks ago
180 Degree Capital Notes Its Portfolio Company Brightcove, Inc., Entered into an Agreement to be Acquired by Bending Spoons
MONTCLAIR, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”), is pleased to note that its portfolio company, Brightcove, Inc. (BCOV), announced yesterday that it has entered into a definitive agreement to be acquired by Bending Spoons for approximately $233 million, or $4.45 per share. Prior to this announcement, 180 Degree Capital owned approximately 1.35 million shares of BCOV.
Neutral
Seeking Alpha
1 month ago
180 Degree Capital Corp (TURN) Q3 2024 Earnings Conference Call Transcript
180 Degree Capital Corp (NASDAQ:TURN ) Q3 2024 Earnings Conference Call November 15, 2024 8:00 AM ET Company Participants Daniel Wolfe - President, CFO and Chief Compliance Officer Kevin Rendino - Chairman and CEO Conference Call Participants Daniel Wolfe Good morning, and welcome to 180 Degree Capital Corp.'s Third Quarter 2024 Financial Results Update Call. This is Daniel Wolfe, President and Portfolio Manager of 180 Degree Capital.
Neutral
GlobeNewsWire
1 month ago
180 Degree Capital Corp. Reports Net Asset Value Per Share (“NAV”) of $4.40 as of September 30, 2024, and Will Host Conference Call to Discuss Results and Q4 2024 Updates on November 15, 2024
MONTCLAIR, N.J., Nov. 14, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of September 30, 2024, and noted additional developments from the fourth quarter of 2024. The Company also published a letter to shareholders that can be viewed at https://ir.180degreecapital.com/financial-results .
Neutral
GlobeNewsWire
3 months ago
180 Degree Capital Corp. Notes Average Discount of Net Asset Value Per Share to Stock Price for Eighth Month of Initial Measurement Period of Its Discount Management Program
MONTCLAIR, N.J., Sept. 03, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180 Degree Capital”) (NASDAQ: TURN), noted today that the average discount between its estimated daily net asset value per share (“NAV”) and its daily closing stock price during August 2024 and year-to-date through the end of August 2024, were approximately 21% and 19%, respectively.1 This discount was approximately 25% on August 30, 2024, the last day of trading in the month.
Neutral
Seeking Alpha
4 months ago
180 Degree Capital Corp (TURN) Q2 2024 Earnings Call Transcript
180 Degree Capital Corp (NASDAQ:TURN ) Q2 2024 Earnings Conference Call August 20, 2024 9:00 AM ET Company Participants Daniel Wolfe - President, Chief Financial Officer and Chief Compliance Officer Kevin Rendino - Chairman and Chief Executive Officer Daniel Wolfe [Starts Abruptly] our second quarter 2024 financial Results Update Call. This is Daniel Wolfe, President and Portfolio Manager of 180 Degree Capital.
Neutral
GlobeNewsWire
4 months ago
180 Degree Capital Corp. Reports Net Asset Value Per Share (“NAV”) of $4.50 as of June 30, 2024
MONTCLAIR, N.J., Aug. 19, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of June 30, 2024, and noted additional developments from the third quarter of 2024. The Company also published a letter to shareholders that can be viewed at https://ir.180degreecapital.com/financial-results .
Neutral
GlobeNewsWire
4 months ago
180 Degree Capital Corp. Notes Accident Involving its Chief Executive Officer, Kevin M. Rendino
MONTCLAIR, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”, “our”, “us”, and “we”) today announced that its Chief Executive Officer and Co-Portfolio Manager, Kevin M. Rendino, was involved in an accident and is currently receiving treatment for his injuries. His doctors have informed us that he is responding well to treatments and his current recovery prognosis is positive. Our thoughts are with him and his family. We will provide updates as more information becomes available. 180 Degree Capital also affirms that its business operations remain in full force and are continuing as usual under the management of Daniel B. Wolfe, 180 Degree Capital's President and Co-Portfolio Manager.
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