PhenixFIN (NYSE:PFX) CFO Ellida Mcmillan Buys 248 Shares

Key Points

• PhenixFIN CFO Ellida Mcmillan bought 248 shares at an average price of $47.75, increasing her holdings to 3,235 shares.
• The company’s stock experienced a 1.2% increase, reaching $48.44, with an average trading volume of 2,049 shares.
• Osaic Holdings Inc. raised its stake in PhenixFIN by 55.4% during the second quarter, now owning 847 shares valued at $43,000.

PhenixFIN Co. (NYSE:PFX - Get Free Report) CFO Ellida Mcmillan acquired 248 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were bought at an average cost of $47.75 per share, with a total value of $11,842.00. Following the completion of the transaction, the chief financial officer owned 3,235 shares of the company's stock, valued at approximately $154,471.25. This represents a 8.30% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, August 14th, Ellida Mcmillan acquired 350 shares of PhenixFIN stock. The shares were bought at an average cost of $49.25 per share, with a total value of $17,237.50.

PhenixFIN Stock Up 1.2%

Shares of PhenixFIN stock traded up $0.58 on Thursday, reaching $48.44. 473 shares of the company were exchanged, compared to its average volume of 2,049. The stock's 50 day moving average price is $49.01 and its 200-day moving average price is $50.06. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $97.07 million, a P/E ratio of 5.94 and a beta of 0.31. PhenixFIN Co. has a 1-year low of $44.56 and a 1-year high of $57.40.

Hedge Funds Weigh In On PhenixFIN

A hedge fund recently raised its stake in PhenixFIN stock. Osaic Holdings Inc. boosted its holdings in PhenixFIN Co. (NYSE:PFX - Free Report) by 55.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 847 shares of the company's stock after purchasing an additional 302 shares during the quarter. Osaic Holdings Inc.'s holdings in PhenixFIN were worth $43,000 as of its most recent SEC filing. 43.35% of the stock is owned by institutional investors and hedge funds.

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.

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