Great Elm strategic partnership sells $424k in Great Elm (GECC)

Published 15/07/2025, 00:10
Great Elm strategic partnership sells $424k in Great Elm (GECC)

Great Elm Strategic Partnership I, LLC, a ten percent owner of Great Elm Capital Corp (NASDAQ:GECC), sold 38,793 shares of common stock on July 11, 2025. The shares were sold at a price of $10.95, with the total transaction amounting to $424,783. The sale comes as GECC trades near its 52-week high of $11.39, having delivered a strong 25.8% return over the past year. InvestingPro data shows the company offers an impressive ~14% dividend yield.

Following the transaction, Great Elm Strategic Partnership I, LLC directly owns 1,747,782 shares of Great Elm Capital Corp. With a market capitalization of $126.76 million and upcoming earnings scheduled for July 31, investors can access detailed analysis and additional insights through the comprehensive Pro Research Report available on InvestingPro.

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, slightly above the forecasted $0.36. The company’s revenue also exceeded projections, reaching $12.5 million compared to the anticipated $10.9 million, marking a 40% year-over-year increase. Additionally, Great Elm Capital doubled its net investment income per share to $0.40 and increased its quarterly distribution by 5.7% to $0.37 per share. The company launched a $100 million at-the-market equity program to enhance capital flexibility. Despite these positive results, Great Elm Capital’s Net Asset Value (NAV) per share decreased to $11.46 from $11.79. Analysts from Ladenburg Thalmann and Oppenheimer and Company discussed the company’s strategic initiatives and investment performance during an earnings call. The company remains confident in its ability to cover its 2025 dividend and expects further income from its CLO joint venture.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.