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Great Elm Strategic Partnership I, LLC, a ten percent owner of Great Elm Capital Corp (NASDAQ:GECC), has sold 49,738 shares of common stock for approximately $569,500. The company, currently valued at $132 million, offers investors a substantial 13.4% dividend yield and trades at an attractive P/E ratio of 7.2, according to InvestingPro data.
According to a Form 4 filing with the Securities and Exchange Commission, the sales occurred in two tranches. On September 22, 2025, 48,248 shares were sold, and on September 23, 2025, 1,490 shares were sold. Both transactions were executed at a price of $11.45 per share, notably close to the stock’s 52-week high of $11.46.
Following these transactions, Great Elm Strategic Partnership I, LLC directly owns 1,562,269 shares of Great Elm Capital Corp . The company has demonstrated strong performance with 29% revenue growth over the last twelve months. For deeper insights into GECC’s valuation and growth prospects, explore the comprehensive research available on InvestingPro.
In other recent news, Great Elm Capital Corp. reported a strong second quarter for 2025, exceeding Wall Street expectations with earnings per share of $0.51, compared to the forecasted $0.40. The company achieved record total investment income of $14.3 million. Additionally, Great Elm Capital has priced a $50 million offering of 7.75% notes due in 2030, expecting to raise approximately $48.1 million in net proceeds. The notes, which may be redeemed starting December 31, 2027, are part of a public offering initiative. Furthermore, Great Elm Capital has doubled its revolving credit facility with City National Bank to $50 million, with potential for further expansion to $90 million. The interest rate on this facility has been reduced, offering financial flexibility. In analyst updates, Clear Street initiated coverage on Great Elm Capital with a Buy rating and a price target of $11.50, citing an attractive 13% dividend yield and improved performance under new management.
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