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GAIN Named Top 10 Financial at Dividend Channel With 7.10% Yield
Monday, January 29, 7:26 AM ET, by Market News Video Staff

Gladstone Investment Corporation - Business Develo (GAIN) has been named as a Top 10 dividend-paying ...

Gladstone Investment Becomes Oversold
Monday, January 29, 12:05 PM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

GAIN Makes Notable Cross Below Critical Moving Average
Wednesday, January 31, 4:39 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Gladstone Investment Corporation - Business Develo (GAIN) crossed below ...

GAIN Makes Notable Cross Below Critical Moving Average
Wednesday, February 28, 4:53 PM ET, by Market News Video Staff

In trading on Wednesday, shares of Gladstone Investment Corporation - Business Develo (GAIN) crossed below ...

GAIN Crosses Above Average Analyst Target
Tuesday, April 17, 9:12 AM ET, by Market News Video Staff

In recent trading, shares of Gladstone Investment Corp (GAIN) have crossed above the average analyst ...

New 52-Week Low Could Prompt More Insider Buying At GAIN

By Market News Video Staff, Thursday, December 20, 1:47 PM ET
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In trading on Thursday, shares of Gladstone Investment Corporation - Business Develo (NASDAQ:GAIN) touched a new 52-week low of $8.70/share. That's a $3.56 share price drop, or -29.04% decline from the 52-week high of $12.26 set back on 06/18/2018. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for GAIN that means the stock would have to gain 40.92% to get back to the 52-week high. For a move like that, Gladstone Investment Corporation - Business Develo would need fundamental strength at the business level.

Here's a rhetorical question: Who knows more about fundamentals at the business level than the company's own insiders? So let's take a look to see whether any company insiders were taking the other side of the trade as GAIN shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. As summarized by the table below, GAIN has seen 2 different instances of insiders buying over the past six months.

Purchased Insider Title Shares Price/Share Value
11/08/2018 Julia Ryan Chief Financial Officer 1,500 $9.98 $14,970.00
11/08/2018 David A. R. Dullum President 5,600 $9.94 $55,664.00
12/12/2018 David A. R. Dullum President 1,400 $9.90 $13,860.00

In the short run, while the new 52-week low suggests the stock is at the cheapest price and perhaps therefore the best bargain it has been over the last 52 weeks, the low print also means anyone who has purchased the stock over that timeframe is staring at an unrealized loss. Oftentimes, that factor drives a stock's technical analysis metrics by creating overhead resistance, with investors who bought higher now anxious to reverse their trade once they are back to breakeven. The chart below shows where GAIN has traded over the past year, with the 50-day and 200-day moving averages included.

Gladstone Investment Corporation - Business Develo Moving Averages Chart

Time will tell whether the insider purchases foretell a future rebound for GAIN shares, which are presently showing a last trade of $8.76/share, slightly above the new 52-week low.


This Article's Word Cloud:   Bargains   Business   Cheaper   Chief   Corporation   David   Develo   Dullum   Financial   GAIN   Gladstone   Here   Insider   Insiders   Investment   Julia   Large   Officer   Oftentimes   President   Price   Purchased   Ryan   Share   Shares   Start   back   below   business   company   from   high   insiders   last   level   means   over   past   percentage   price   share   shares   stock   that   trade   week   were   whether   with   would
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