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GAIN Ex-Dividend Reminder - 9/21/21
Friday, September 17, 10:01 AM ET, by Market News Video Staff

On 9/21/21, Gladstone Investment Corporation - Business Develo (GAIN) will trade ex-dividend, for its monthly ...

GAIN Crosses Above Average Analyst Target
Thursday, September 23, 10:05 AM ET, by Market News Video Staff

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

Ex-Div Reminder for Gladstone Investment (GAIN)
Tuesday, October 19, 10:24 AM ET, by Market News Video Staff

On 10/21/21, Gladstone Investment Corporation - Business Develo (GAIN) will trade ex-dividend, for its monthly ...

Pick Up This Bargain 5.4% Yielder Even Cheaper Than President Dullum Did
Wednesday, December 8, 3:16 PM ET, by Market News Video Staff

There's an old saying on Wall Street about insider buying: there are many possible reasons ...

Gladstone Investment Named Top Dividend Stock With Insider Buying and 5.51% Yield (GAIN)
Thursday, January 20, 4:55 PM ET, by Market News Video Staff

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

Insiders Now Seeing Red With GAIN At New 52-Week Low

By Market News Video Staff, Monday, June 13, 1:29 PM ET
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In trading on Monday, shares of Gladstone Investment Corporation - Business Develo (NASDAQ:GAIN) touched a new 52-week low of $13.51/share. That's a $3.64 share price drop, or -21.22% decline from the 52-week high of $17.15 set back on 12/30/2021. 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 26.94% 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
02/23/2022 Rachael Z. Easton CFO and Treasurer 200 $14.93 $2,985.00
02/24/2022 David A. R. Dullum President 5,500 $14.56 $80,105.00
05/20/2022 Rachael Z. Easton CFO and Treasurer 175 $14.52 $2,540.12

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 $13.78/share, slightly above the new 52-week low.


This Article's Word Cloud:   Bargains   Business   Cheaper   Corporation   David   Develo   Dullum   Easton   GAIN   Gladstone   Here   Insider   Insiders   Investment   Large   Monday   Oftentimes   President   Price   Purchased   Rachael   Share   Shares   Start   Than   Treasurer   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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