Horizon Know-how Finance (NASDAQ:HRZN – Get Rating)‘s stock had its “neutral” score reaffirmed by inventory analysts at B. Riley in a study take note issued to buyers on Friday, The Fly stories. They presently have a $10.50 cost aim on the investment decision administration company’s stock. B. Riley’s focus on price factors to a likely draw back of 10.49% from the stock’s former near.
Independently, UBS Group initiated coverage on Horizon Technologies Finance in a investigation report on Friday, September 9th. They established a “neutral” ranking and a $12.50 target price for the business. A person investment decision analyst has rated the stock with a promote rating and three have provided a keep score to the firm’s stock. Dependent on facts from MarketBeat, the company has an typical rating of “Maintain” and an average target price tag of $11.50.
Horizon Technologies Finance Investing Down 3.1 %
NASDAQ:HRZN traded down $.37 throughout midday investing on Friday, hitting $11.73. 1,036 shares of the company traded arms, in comparison to its ordinary volume of 128,321. The firm’s fifty working day transferring average is $12.70 and its 200-working day moving normal is $12.84. The firm has a current market capitalization of $297.71 million, a P/E ratio of 10.00 and a beta of 1.01. Horizon Know-how Finance has a 12-month lower of $10.55 and a 12-month substantial of $19.08.
Horizon Technologies Finance (NASDAQ:HRZN – Get Score) past released its quarterly earnings success on Tuesday, August 2nd. The investment administration firm documented $.35 EPS for the quarter, topping analysts’ consensus estimates of $.31 by $.04. Horizon Technological innovation Finance had a net margin of 39.59% and a return on fairness of 11.55%. In the course of the exact quarter in the preceding 12 months, the organization posted $.31 earnings for each share. On normal, research analysts assume that Horizon Technological innovation Finance will publish 1.29 EPS for the recent fiscal 12 months.
Insider Obtaining and Promoting
In other Horizon Technological know-how Finance news, CEO Robert D. Jr. Pomeroy bought 4,000 shares of Horizon Technology Finance inventory in a transaction dated Tuesday, June 21st. The inventory was acquired at an common selling price of $11.30 for every share, for a whole transaction of $45,200.00. Adhering to the acquisition, the main government officer now owns 162,127 shares in the corporation, valued at approximately $1,832,035.10. The buy was disclosed in a submitting with the SEC, which is available via the SEC website. 1.50% of the stock is owned by insiders.
Institutional Trading of Horizon Technology Finance
Institutional traders have not long ago modified their holdings of the organization. B. Riley Wealth Administration Inc. obtained a new stake in shares of Horizon Technological innovation Finance in the 2nd quarter truly worth $88,638,000. BDO Prosperity Advisors LLC grew its stake in shares of Horizon Technological innovation Finance by 146.4% for the duration of the next quarter. BDO Prosperity Advisors LLC now owns 5,890 shares of the investment decision administration firm’s inventory worth $68,000 following acquiring an additional 3,500 shares all through the past quarter. Millennium Administration LLC amplified its holdings in shares of Horizon Technology Finance by 15.9% throughout the next quarter. Millennium Administration LLC now owns 52,652 shares of the expenditure administration company’s stock valued at $608,000 after getting an supplemental 7,224 shares in the very last quarter. Natixis Advisors L.P. lifted its posture in shares of Horizon Technology Finance by 3.5% in the 2nd quarter. Natixis Advisors L.P. now owns 49,522 shares of the financial investment administration company’s inventory valued at $571,000 right after paying for an extra 1,659 shares through the very last quarter. Last but not least, Virtus ETF Advisers LLC boosted its stake in Horizon Know-how Finance by 42.9% in the 2nd quarter. Virtus ETF Advisers LLC now owns 52,073 shares of the investment administration company’s stock really worth $601,000 right after purchasing an further 15,639 shares in the final quarter. 12.53% of the stock is currently owned by institutional traders.
Horizon Technology Finance Firm Profile
Horizon Technological innovation Finance Corporation is a business enhancement corporation specializing in lending and and investing in improvement-phase investments. It focuses on creating secured credit card debt and enterprise lending investments to venture money backed companies in the technological innovation, lifetime science, healthcare facts and solutions, and cleantech industries.
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