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Great Elm Strategic partnership sells $239k in Great Elm Capital (GECC)

Published 17/09/2025, 23:02
Great Elm Strategic partnership sells $239k in Great Elm Capital (GECC)
GECC
1.06%

Great Elm Strategic Partnership I, LLC, a ten percent owner of Great Elm Capital Corp (NASDAQ:GECC), sold 20,938 shares of common stock on September 15, 2025, for $11.45, totaling approximately $239,740. The sale occurred at the stock’s 52-week high, with GECC currently offering a notable 13.7% dividend yield and trading at a P/E ratio of 6.91, according to InvestingPro data.

Following the transaction, Great Elm Strategic Partnership I, LLC directly owns 1,626,844 shares of Great Elm Capital Corp .

The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Adam M. Kleinman, attorney-in-fact, signed the report on September 17, 2025.

In other recent news, Great Elm Capital Corp reported impressive second-quarter 2025 earnings, with earnings per share (EPS) reaching $0.51, surpassing analysts’ expectations of $0.40. The company’s record total investment income of $14.3 million contributed significantly to this performance. Additionally, Great Elm Capital has priced a $50 million offering of 7.75% notes due in 2030, which is expected to generate approximately $48.1 million in net proceeds. The company also launched a public offering of unsecured notes, anticipated to be listed on The Nasdaq Global Market. In another strategic move, Great Elm Capital doubled its revolving credit facility with City National Bank from $25 million to $50 million, with the potential to increase it further under certain conditions. The interest rate on this facility has been reduced, reflecting favorable financial terms for the company. Furthermore, Clear Street initiated coverage on Great Elm Capital stock with a Buy rating, citing the company’s attractive 13% dividend yield and improved performance under new management. These developments highlight Great Elm Capital’s ongoing efforts to strengthen its financial position and investor appeal.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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