Gladstone Investment Corp (GAIN)

• Market cap: $482M
• 1 day: -2.45%
• 5 days: -0.15%
• 1 month: -1.35%
• 3 months: -4.23%
• 6 months: -6.55%
• Year to date: -7.79%
• 1 year: -8.18%
• 5 years: -6.81%
• 10 years: 90.57%

About: Gladstone Investment Corp operates as an externally managed, closed-end, non-diversified management investment company. Its objective is to invest in debt and equity securities of established private businesses operating in the U.S. and to (i) achieve and grow current income by investing in debt securities of established businesses. (ii) provide our stockholders with long-term capital appreciation in the value of our assets by investing in equity securities of established businesses. It focuses on investing in lower-middle-market private businesses.

Employees: 70

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

6% more call options, than puts

Call options by funds: $1.23M | Put options by funds: $1.17M

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.57% less ownership

Funds ownership: 15.18% [Q2] → 13.61% (-1.57%) [Q3]

7% less funds holding

Funds holding: 85 [Q2] → 79 (-6) [Q3]

9% less capital invested

Capital invested by funds: $77.9M [Q2] → $71.2M (-$6.65M) [Q3]

28% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 29

33% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 18

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13.50 3% upside
• Avg. target: $13.50 3% upside
• High target: $13.50 3% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

B. Riley Securities Bryce Rowe 50% 1-year accuracy 4 / 8 met price target

3% upside $13.50

Neutral Maintained

11 Nov 2024