J. Goldman & Co LP Takes $3.59 Million Position in SuRo Capital Corp. (NASDAQ:SSSS)

J. Goldman & Co LP acquired a new position in shares of SuRo Capital Corp. (NASDAQ:SSSS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 610,812 shares of the company's stock, valued at approximately $3,592,000. J. Goldman & Co LP owned about 2.59% of SuRo Capital as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. HB Wealth Management LLC acquired a new stake in SuRo Capital during the 4th quarter worth approximately $65,000. Jane Street Group LLC acquired a new stake in SuRo Capital during the 4th quarter worth approximately $67,000. JPMorgan Chase & Co. lifted its position in SuRo Capital by 8,025.0% during the 4th quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company's stock worth $76,000 after acquiring an additional 12,840 shares during the period. Legato Capital Management LLC acquired a new stake in SuRo Capital during the 4th quarter worth approximately $82,000. Finally, Choreo LLC lifted its position in SuRo Capital by 16.6% during the 4th quarter. Choreo LLC now owns 19,380 shares of the company's stock worth $117,000 after acquiring an additional 2,764 shares during the period. Hedge funds and other institutional investors own 12.95% of the company's stock.

SuRo Capital Price Performance

Shares of SSSS traded down $0.12 during mid-day trading on Thursday, hitting $5.75. The company's stock had a trading volume of 90,510 shares, compared to its average volume of 151,575. The company has a current ratio of 11.32, a quick ratio of 11.32 and a debt-to-equity ratio of 0.47. The firm has a 50-day simple moving average of $5.08 and a 200 day simple moving average of $5.46. The firm has a market capitalization of $135.42 million, a P/E ratio of -3.04 and a beta of 1.62. SuRo Capital Corp. has a 1-year low of $3.52 and a 1-year high of $6.83.

SuRo Capital (NASDAQ:SSSS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). The business had revenue of $0.50 million during the quarter, compared to analyst estimates of $1.23 million. SuRo Capital had a negative net margin of 801.00% and a negative return on equity of 7.28%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Citigroup reaffirmed an "outperform" rating on shares of SuRo Capital in a research report on Wednesday, March 12th. Barrington Research reaffirmed an "outperform" rating and set a $8.00 price objective on shares of SuRo Capital in a research report on Tuesday, April 8th.

Insider Buying and Selling

In related news, CEO Mark D. Klein purchased 16,500 shares of the company's stock in a transaction on Friday, May 9th. The stock was bought at an average price of $5.26 per share, with a total value of $86,790.00. Following the completion of the transaction, the chief executive officer now owns 1,216,019 shares of the company's stock, valued at approximately $6,396,259.94. This represents a 1.38% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.69% of the stock is currently owned by insiders.

SuRo Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.