Richard T. Allorto Jr., CFO and Treasurer at PennantPark Floating Rate Capital Ltd. (PFLT), bought 15,000 shares at $8.15 ($122K) on 2026-03-11, disclosed to the SEC on 2026-03-12.
CFO Richard T. Allorto Jr. purchased 15,000 shares for $122,250, marking the largest insider purchase in the company's history. This significant buyback by senior leadership during a period of stock underperformance suggests confidence in the company's recovery potential.
The stock is trading near its 52-week low of $7.90, down 12.77% over the past 30 days and 28.23% over the last year.
Clearly above the average filing.
| Filing → |
| PNNT | BUY | 2024-03-14 | $34K | — | Filing → |
| PNNT | BUY | 2023-05-17 | $54K | — | Filing → |
| MCC | BUY | 2015-06-01 | $47K | — | Filing → |