Bullish indicating open at $55-$60, IPO prices at $37
Director David Ogens of New Mountain Finance Corp (NASDAQ:NMFC), a $1.1 billion business development company known for its impressive 15.7% dividend yield, recently purchased a total of 26,000 shares of common stock in three transactions. According to InvestingPro data, the company has maintained dividend payments for 15 consecutive years. The purchases, all executed on August 11, 2025, were acquired at prices ranging from $10.2199 to $10.257, totaling $266,047.
Ogens acquired 18,000 shares directly at $10.23 per share. Additionally, he acquired 4,000 shares in two separate transactions at prices of $10.257 and $10.2199 respectively, held indirectly through trusts benefiting family members.
Following these transactions, Ogens directly owns 216,189 shares, which includes shares acquired through the company’s dividend reinvestment plan since March 10, 2025. He also indirectly owns 16,000 shares through trusts. For deeper insights into NMFC’s insider trading patterns and comprehensive financial analysis, including 6 key ProTips, check out the detailed research available on InvestingPro.
In other recent news, New Mountain Finance Corporation announced its second-quarter earnings for 2025. The company reported earnings per share of $0.32, which met market expectations. However, revenue came in at $83.49 million, slightly below the anticipated $84.57 million. This shortfall in revenue was a significant development for investors. Analysts have not provided any updates regarding upgrades or downgrades for New Mountain Finance Corporation following these results. There were no announcements regarding mergers or acquisitions. These recent developments provide investors with the latest insights into the company’s financial performance.
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