Figma Shares Indicated To Open $105/$110
Great Elm Strategic Partnership I, LLC, a ten percent owner of Great Elm Capital Corp (NASDAQ:GECC), has sold 26,989 shares of common stock for approximately $405,971. The company, currently valued at $126.18 million, has delivered a strong 20% return over the past year and maintains a notable 14% dividend yield. InvestingPro analysis reveals the company has maintained dividend payments for 10 consecutive years.
The sales occurred in multiple transactions between June 11, 2025, and July 3, 2025. On June 11, the entity sold 2,642 shares at a price of $11.20 per share. Following this, on June 12, 7,288 shares were sold at a weighted average price of $10.97, with individual sales prices ranging from $10.95 to $11.13. On June 13, 2,714 shares were sold at an average price of $11.00, with prices ranging from $11.00 to $11.19. These transactions occurred near the stock’s 52-week high of $11.39, while InvestingPro data shows the company faces some challenges with short-term obligations exceeding liquid assets.
The sales continued into July, with 13,324 shares sold on July 2 and 11,021 shares sold on July 3, both at a price of $10.95 per share.
Following these transactions, Great Elm Strategic Partnership I, LLC directly owns 1,813,435 shares of Great Elm Capital Corp.
In other recent news, Great Elm Capital Corp reported its Q1 2025 earnings, surpassing expectations with an earnings per share of $0.37, slightly above the forecast of $0.36. The company’s revenue also exceeded projections, reaching $12.5 million compared to the anticipated $10.9 million. Notably, Great Elm Capital achieved a record total investment income of $12.5 million, marking a 40% year-over-year increase. The company has launched a $100 million at-the-market equity program, further expanding its financial strategies. Despite these positive results, Great Elm Capital’s Net Asset Value (NAV) per share decreased to $11.46 from $11.79. The quarterly distribution was increased by 5.7% to $0.37 per share, demonstrating the company’s commitment to returning value to shareholders. The firm anticipates its Q2 2025 net investment income to exceed Q1 levels, indicating continued growth potential.
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