TSX down after index extends retreat from all-time high
Brandon Satoren, Chief Financial Officer, Treasurer, and Secretary of BCP Investment Corp (NASDAQ:BCIC), acquired 1,000 shares of Common Stock on September 19, 2025, at a price of $12.35. The company, currently valued at $112 million, offers a notable 15.5% dividend yield and has maintained dividend payments for 19 consecutive years, according to InvestingPro data.
The transaction totaled $12,350. Following the transaction, Satoren directly owns 2,116.1298 shares of BCP Investment Corp. With analyst price targets ranging from $14 to $16, and the stock trading near $12.17, this insider purchase comes at an interesting time. Discover more insider trading patterns and comprehensive analysis with InvestingPro’s detailed research reports.
In other recent news, Portman Ridge Finance Corporation announced a name change to BCP Investment Corporation, as stated in a recent SEC filing. This change will take effect after the close of trading, following the filing of a certificate of amendment to the company’s certificate of incorporation. The company assured that this name change will not impact the rights of its security holders. In addition to this development, Portman Ridge Finance Corporation reported its second-quarter 2025 earnings. The company missed expectations, posting an earnings per share (EPS) of $0.50, which was below the projected $0.5325. Revenue also fell short, coming in at $12.63 million compared to the anticipated $13.95 million. Despite missing these forecasts, the market reaction was complex. These updates reflect recent developments for the company.
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