Paul G. Seitz, Chief Investment Officer at Horizon Technology Finance Corp (HRZN), bought 11,477 shares at $4.35 ($50K) on 2026-06-09, disclosed to the SEC on 2026-06-10.
CIO Paul G. Seitz purchased 11,477 shares for $49,925, marking the largest insider purchase in the company's history. This aggressive buying occurs as the stock trades 51% below its 52-week high despite a 16.71% dividend yield.
The stock is currently trading at $4.10, down 45.62% over the past year and 51.54% below its 52-week high of $8.46.
The trade represents the largest insider purchase in the company's history.
The stock faces significant risk from a 45% dividend cut announced in early 2026, which has contributed to the 45.62% year-to-date decline. Additionally, the stock carries a short interest of 4.77% on the float.
Something here stands out, but not much.