TURN

180 Degree Capital
TURN
Market cap $32.3M

3.23 USD

-0.01

0.31%

At close Oct 17, 4:00 PM EDT

1 day

-0.31%

5 days

0.31%

1 month

-4.15%

3 months

-9.78%

6 months

-18.84%

Year to date

-20.05%

1 year

-20.05%

5 years

-48.97%

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

Financials Investors

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

13,200% more call options, than puts

Call options by funds: $532K | Put options by funds: $4K

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

7% more funds holding

Funds holding: 15 [Q1] → 16 (+1) [Q2]

0.35% less ownership

Funds ownership: 19.0% [Q1] → 18.65% (-0.35%) [Q2]

13% less capital invested

Capital invested by funds: $8.15M [Q1] → $7.07M (-$1.08M) [Q2]

89% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for TURN.

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Financial journalist opinion

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.

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

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.

180 Degree Capital Corp (TURN) Q2 2024 Earnings Call Transcript

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 .

180 Degree Capital Corp. Reports Net Asset Value Per Share (“NAV”) of $4.50 as of June 30, 2024

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.

180 Degree Capital Corp. Notes Accident Involving its Chief Executive Officer, Kevin M. Rendino

180 Degree Capital Corp. Notes Opportunistic and Discounted Retirement of Preferred Stock and Repurchase of Notes by its Portfolio Company Synchronoss Technologies, Inc. (SNCR)

MONTCLAIR, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ: TURN) (“180 Degree Capital”) noted today the announcement by its portfolio company, Synchronoss Technologies, Inc. (SNCR), that SNCR has opportunistically retired at discounted prices its outstanding Series B Preferred Stock and $19.7 million of its outstanding 8.375% Senior Notes due 2026 (“Senior Notes”) funded by a new $75.0 million term loan with alternative credit manager, AS Birch Grove. SNCR reported that the combined transactions are expected to result in a $7.3 million improvement to its capital structure plus approximately $10.6 million in pre-tax cost savings. The announcement can be viewed at https://synchronosstechnologiesinc.gcs-web.com/news-releases/news-release-details/synchronoss-technologies-significantly-improves-capital.

180 Degree Capital Corp. Notes Opportunistic and Discounted Retirement of Preferred Stock and Repurchase of Notes by its Portfolio Company Synchronoss Technologies, Inc. (SNCR)

180 Degree Capital Corp. (TURN) Q1 2024 Earnings Call Transcript

180 Degree Capital Corp (NASDAQ:TURN ) Q1 2024 Earnings Conference Call May 14, 2024 9:00 AM ET Company Participants Daniel Wolfe - CFO Kevin Rendino - Chairman & CEO Conference Call Participants Daniel Wolfe Good morning, and welcome to 180 Degree Capital Corp.'s First Quarter 2024 Financial Results Update Call. This is Daniel Wolfe, President and Portfolio Manager of 180 Degree Capital.

180 Degree Capital Corp. (TURN) Q1 2024 Earnings Call Transcript

180 Degree Capital Corp. Reports Net Asset Value per Share (“NAV”) of $5.16 as of March 31, 2024

MONTCLAIR, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of March 31, 2024, and noted additional developments from the second quarter of 2024. The Company also published a letter to shareholders that can be viewed at https://ir.180degreecapital.com/financial-results .

180 Degree Capital Corp. Reports Net Asset Value per Share (“NAV”) of $5.16 as of March 31, 2024

180 Degree Capital Corp. To Report First Quarter 2024 Financial Results on Monday, May 13, 2024, and To Host a Conference Call on Tuesday, May 14, 2024

MONTCLAIR, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ: TURN) will announce its first quarter 2024 financial results on Monday, May 13, 2024, shortly after the close of the public markets. It will host a conference call on Tuesday, May 14, 2024, at 9am Eastern Time to discuss these results and updates from Q2 2024. The dial-in information for the call is noted below:

180 Degree Capital Corp. To Report First Quarter 2024 Financial Results on Monday, May 13, 2024, and To Host a Conference Call on Tuesday, May 14, 2024

180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Fourth Month of Initial Measurement Period of Its Discount Management Program

MONTCLAIR, N.J., May 01, 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 April 2024 and year-to-date through the end of April 2024, were approximately 14% and 20%, respectively.1 This discount was approximately 16% on April 30, 2024.

180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Fourth Month of Initial Measurement Period of Its Discount Management Program

180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Third Month of Initial Measurement Period of its Discount Management Program

MONTCLAIR, N.J., April 01, 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 March 2024 and year-to-date through the end of March 2024, were approximately 20% and 22%, respectively.1 This discount was approximately 16% on March 31, 2024.

180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Third Month of Initial Measurement Period of its Discount Management Program

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