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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.
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