Microvast Holdings announces departure of chief financial officer
Perry Chad, a director at Great Elm Capital Corp . (NASDAQ:GECC), has made a notable purchase of company stock, according to a recent SEC filing. The $123M market cap company, which boasts a significant 14.46% dividend yield and has maintained dividend payments for 10 consecutive years, saw Chad acquire 1,850 shares at $10.58 per share on June 4, 2025, resulting in a total transaction value of $19,573. Following this purchase, Chad’s direct ownership in the company stands at 1,850 shares. InvestingPro analysis reveals the company’s FAIR financial health score and 18% revenue growth over the last twelve months.For comprehensive insider trading patterns and additional insights, including 6 key ProTips, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Great Elm Capital Corp reported its Q1 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $0.37, slightly above the forecast of $0.36. The company’s revenue also surpassed projections, reaching $12.5 million compared to the anticipated $10.9 million, marking a 40% year-over-year increase in total investment income. Additionally, Great Elm Capital announced a 5.7% increase in its quarterly distribution to $0.37 per share. The company launched a $100 million at-the-market equity program, aiming to provide additional capital flexibility for future growth. Despite these positive developments, the company’s Net Asset Value (NAV) per share decreased to $11.46 from $11.79, primarily due to unrealized losses on certain portfolio investments. The company remains confident in its ability to cover its 2025 dividend and anticipates that its Q2 2025 net investment income will exceed Q1 levels. Looking ahead, Great Elm Capital continues to explore opportunities in private credit and direct lending, positioning itself for sustained growth amidst market volatility.
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