Ellida Mcmillan Acquires 350 Shares of PhenixFIN (NYSE:PFX) Stock

Key Points

• Ellida Mcmillan, CFO of PhenixFIN Co., purchased 350 shares of the company's stock at an average price of $49.25, increasing their ownership by 13.27% to a total of 2,987 shares.
• PhenixFIN's stock is currently valued at approximately $49.25 per share with a market capitalization of $98.70 million and a P/E ratio of 6.04.
• Institutional investors own 43.35% of PhenixFIN stock, indicating significant interest from hedge funds and investment firms.

PhenixFIN Co. (NYSE:PFX - Get Free Report) CFO Ellida Mcmillan purchased 350 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were acquired at an average price of $49.25 per share, with a total value of $17,237.50. Following the purchase, the chief financial officer directly owned 2,987 shares in the company, valued at $147,109.75. This represents a 13.27% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Ellida Mcmillan also recently made the following trade(s):

• On Monday, June 23rd, Ellida Mcmillan purchased 1 shares of PhenixFIN stock. The shares were acquired at an average price of $48.12 per share, with a total value of $48.12.

PhenixFIN Stock Down 0.0%

PFX stock traded down $0.0050 during midday trading on Friday, reaching $49.2350. 710 shares of the company's stock traded hands, compared to its average volume of 2,191. The company has a market cap of $98.67 million, a price-to-earnings ratio of 6.04 and a beta of 0.35. The firm's fifty day moving average price is $49.61 and its 200-day moving average price is $50.55. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.87. PhenixFIN Co. has a 52 week low of $44.56 and a 52 week high of $57.40.

Institutional Trading of PhenixFIN

Hedge funds and other institutional investors have recently bought and sold shares of the business. Adalta Capital Management LLC boosted its holdings in PhenixFIN by 0.8% during the 2nd quarter. Adalta Capital Management LLC now owns 169,839 shares of the company's stock worth $8,619,000 after acquiring an additional 1,390 shares during the last quarter. Bulldog Investors LLP purchased a new position in PhenixFIN during the 4th quarter worth $973,000. Crossingbridge Advisors LLC purchased a new position in PhenixFIN during the 4th quarter worth $507,000. Finally, Raymond James Financial Inc. purchased a new position in PhenixFIN during the 4th quarter worth $992,000. Institutional investors own 43.35% of the company's stock.

About PhenixFIN

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.