John F. Barry, CHIEF EXECUTIVE OFFICER, 10% Owner at PROSPECT CAPITAL CORP (PSEC), bought 232,000 shares at $2.33 ($539K) on 2026-05-22, disclosed to the SEC on 2026-05-27.
CEO John F. Barry executed the largest purchase of his career, buying 100,000 shares at $2.33 on May 22, signaling confidence despite the stock's 31.76% year-to-date decline. This move comes as the company maintains a high 21.46% dividend yield, attracting yield-hungry investors amidst recent volatility.
The stock is currently trading at $2.32, having rallied 5.45% over the past five days but remains down 15.33% over the last 90 days. It is trading 9.43% above its 52-week low of $2.12 and 33.71% below its 52-week high of $3.50.
Catalysts include the upcoming Q3 2026 earnings call on May 9, which management used to highlight a strategic shift toward senior secured lending. Additionally, the company's Q2 2026 earnings call on April 23 revealed a net investment income of $91 million, and recent news on May 5 noted that insiders are actively buying shares.
A significant risk is the 9.5% short interest, which suggests a high level of skepticism among the market. Furthermore, recent reports from May 21 highlight that bond investors are pricing smaller private credit lenders at greater risk, and March 26 news noted that many borrowers are paying loan interest with IOUs instead of cash.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.29 | 32,000 | $73K | 13.6% |
| 2 | $2.32 | 100,000 | $232K | 43.0% |
| 3 | $2.33 | 100,000 | $233K | 43.3% |
| Total | $2.32 avg | 232,000 | $539K | 100% |
| Filing → |
| PSEC | BUY | 2026-06-24 | $2.2M | — | Filing → |
| PSEC | BUY | 2026-05-28 | $1.0M | — | Filing → |
| PSEC | BUY | 2026-05-26 | $452K | — | Filing → |