Great Elm strategic partnership sells $165k in GECC stock

Great Elm Strategic Partnership I, LLC, a ten percent owner of Great Elm Capital Corp (NASDAQ:GECC), reported selling shares of common stock in two transactions. The sales amounted to a total of $165,016. The company, currently valued at $125.26 million, has maintained consistent dividend payments for 10 consecutive years, with an impressive 14.11% dividend yield according to InvestingPro data.

On July 7, 2025, Great Elm Strategic Partnership I, LLC, disposed of 11,852 shares at a price of $10.95 per share. Following this transaction, the entity held 1,801,583 shares of Great Elm Capital Corp.

The following day, July 8, 2025, an additional 3,218 shares were sold at $10.95 per share. This sale reduced Great Elm Strategic Partnership I, LLC’s holdings to 1,798,365 shares.

In other recent news, Great Elm Capital Corp reported its Q1 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $0.37 compared to a forecast of $0.36. The company also exceeded revenue projections, achieving $12.5 million against the anticipated $10.9 million. This performance marked a 40% year-over-year increase in total investment income. Great Elm Capital announced a 5.7% increase in its quarterly distribution to $0.37 per share and launched a $100 million at-the-market equity program. Despite the positive earnings, the company’s Net Asset Value (NAV) per share decreased to $11.46 from $11.79. Analysts from firms like Ladenburg Thalmann inquired about the company’s NAV performance amid market volatility during the earnings call. CEO Matt Kaplan expressed confidence in the company’s ability to cover its 2025 dividend and highlighted a strong start to the year. Great Elm Capital continues to explore opportunities in private credit and direct lending, positioning itself for sustained growth.

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