The CEO of Gladstone Investment Corp (NASDAQ: GAIN) is Buying Shares

Today, the CEO of Gladstone Investment Corp (GAINResearch Report), David Gladstone, bought shares of GAIN for $246.8K.

Following David Gladstone’s last GAIN Buy transaction on June 16, 2017, the stock climbed by 4.1%. This recent transaction increases David Gladstone’s holding in the company by 3.19% to a total of $8.23 million.

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The company has a one-year high of $12.60 and a one-year low of $8.63. GAIN’s market cap is $398 and the company has a P/E ratio of 7.33. Currently, Gladstone Investment Corp has an average volume of 130.59K.

In the last 30 days, insiders have sold $492.4K worth of GAIN shares and purchased $246.8K worth of GAIN shares.

David Gladstone’s trades have generated a 18.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Gladstone Investment Corp. is a closed-end, non-diversified management investment company. Its investment objective is to achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow to pay expenses; and seek long-term capital appreciation by investing in equity securities.