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New Mountain Finance Corp Named Top Dividend Stock With Insider Buying and 9.96% Yield
Thursday, June 14, 3:56 PM ET, by Market News Video Staff

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then ...

Top Buys by Directors: Klinsky's $6.5M Bet on NMFC
Friday, August 17, 3:17 PM ET, by Market News Video Staff

The directors of a company tend to have a unique inside view into the business, ...

NMFC Crosses Below Key Moving Average Level
Friday, September 7, 11:31 AM ET, by Market News Video Staff

In trading on Friday, shares of New Mountain Finance Corp (NMFC) crossed below their 200 ...

Ex-Dividend Reminder: New Mountain Finance, PotlatchDeltic and Prosperity Bancshares
Tuesday, September 11, 10:32 AM ET, by Market News Video Staff

On 9/13/18, New Mountain Finance Corp (NMFC), PotlatchDeltic Corp (PCH), and Prosperity Bancshares Inc. (PB) ...

NMFC's Strong Dividend History Helps Get It To The Top 25
Friday, September 14, 7:49 AM ET, by Market News Video Staff

New Mountain Finance Corp (NMFC) has been named as a Top 25 dividend stock, according ...

Insider Bets Paying Off At NMFC As New 52-Week High Reached

By Market News Video Staff, Tuesday, May 7, 1:07 PM ET
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In trading on Tuesday, shares of New Mountain Finance Corp (NYSE:NMFC) touched a new 52-week high of $14.30/share. That's a 18.57% rise, or $2.24 per share from the 52-week low of $12.06 set back on 12/24/2018. That means at today's intraday high, any investor who purchased NMFC stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, NMFC has seen 8 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/13/2018 David Ogens Director 1,799 $13.53 $24,340.47
12/10/2018 Adam Weinstein EVP, CAO and Director 16,700 $13.22 $220,793.00
12/13/2018 Karrie J. Jerry CCO and Corporate Secretary 1,000 $12.90 $12,900.00
12/13/2018 Robert Hamwee CEO 15,000 $12.88 $193,200.00
12/17/2018 Kurt Wolfgruber Director 2,000 $12.54 $25,080.00
12/17/2018 John Kline President and COO 17,000 $12.69 $215,665.20
12/17/2018 Steven B. Klinsky Director 181,805 $12.52 $2,276,925.82
03/08/2019 James Stone Section 16 Officer 1,600 $13.41 $21,456.00

The chart below shows where NMFC has traded over the past year, with the 50-day and 200-day moving averages included.

New Mountain Finance Corp Moving Averages Chart

In afternoon trading on Tuesday, NMFC shares are changing hands at $14.28/share, slightly below the new 52-week high.


This Article's Word Cloud:   Adam   Bargains   Cheaper   Corp   Corporate   David   Director   Finance   Hamwee   Insider   Insiders   James   Jerry   John   Karrie   Kline   Klinsky   Kurt   Mountain   NMFC   NYSE   Officer   Ogens   Over   President   Price   Purchased   Robert   Secretary   Section   Share   Shares   Start   Steven   Stone   Than   That   Title   Tuesday   Value   Weinstein   below   high   insiders   over   past   share   shares   trading   week
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Insider Bets Paying Off At NMFC As New 52-Week High Reached | Market News Video | Copyright © 2008 - 2019, All Rights Reserved

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