GSV Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria. It seeks to invest in the technology subsectors of social/mobile marketplaces, sustainability, cloud computing and big data, social media, mobile computing and applications, software as a service, Internet commerce, green technology and education technology. The fund invests in the form of non-controlling equity and equity-related investments, including common stock, warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company's common equity, and convertible debt securities with a significant equity component. It will invest in companies based in United States. It generally invests in companies with a market value of over $100 million. Typically, the firm exits its position within 18 months of going public, or 12 months after any relevant lock-up has expired.
Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone650-235-4769
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.62 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
NeXt Innovation (NASDAQ:GSVC) Frequently Asked Questions
What is NeXt Innovation's stock symbol?
NeXt Innovation trades on the NASDAQ under the ticker symbol "GSVC."
How will NeXt Innovation's stock buyback program work?
NeXt Innovation declared that its board has authorized a stock repurchase plan on Thursday, November 9th 2017, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.
How were NeXt Innovation's earnings last quarter?
NeXt Innovation Corp (NASDAQ:GSVC) released its earnings results on Wednesday, August, 8th. The investment management company reported $0.35 EPS for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.41. The investment management company earned $0.59 million during the quarter. NeXt Innovation had a net margin of 57.21% and a negative return on equity of 3.57%. View NeXt Innovation's Earnings History.
When is NeXt Innovation's next earnings date?
What price target have analysts set for GSVC?
2 brokerages have issued 12-month target prices for NeXt Innovation's stock. Their predictions range from $11.00 to $11.50. On average, they anticipate NeXt Innovation's stock price to reach $11.25 in the next year. This suggests a possible upside of 55.8% from the stock's current price. View Analyst Price Targets for NeXt Innovation.
What is the consensus analysts' recommendation for NeXt Innovation?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeXt Innovation in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NeXt Innovation.
What are Wall Street analysts saying about NeXt Innovation stock?
Here are some recent quotes from research analysts about NeXt Innovation stock:
- 1. According to Zacks Investment Research, "GSV Capital Corp. is an externally managed non-diversified closed-end management investment company. The Company invests principally in the equity securities of venture capital-backed, rapidly growing emerging companies. It acquires its investments through secondary market transactions, direct investments with portfolio companies and through transactions executed on public securities exchanges. The Company is managed by GSV Asset Management, LLC. " (3/20/2019)
- 2. Barrington Research analysts commented, "We are optimistic that continued strength in the IPO market and continued M&A activity will be a positive catalyst for GSV. The IPO market rebounded in 2017 with 153 IPOs for proceeds of $32 billion, versus 102 IPOs for proceeds of $19 billion in 2016. Year to date, there have been 65 IPOs for proceeds of $19 billion, both of which were up 28% YOY. As such, we are reiterating our OUTPERFORM investment rating and our price target of $11." (5/9/2018)
Has NeXt Innovation been receiving favorable news coverage?
Media coverage about GSVC stock has trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. NeXt Innovation earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
Who are some of NeXt Innovation's key competitors?
Some companies that are related to NeXt Innovation include INVESCO VAN KAM/COM (VCV), Western Asset Managed Municipals Fnd (MMU), BlackRock Debt Strategies Fund (DSU), Putnam Premier Income Trust (PPT), Blackrock Muniassets Fund (MUA), Adams Natural Resources Fund (PEO), Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP), BlackRock MuniHolding Insured Investm (MFL), Dreyfus Strategic Muni. (LEO), BlackRock MuniYield New York Insured Fnd (MYN), Blackrock Muniyld California Quty Fd (MCA), Strategic Global Government Fund Inc. Closed-End Fund (RCS), MFS Intermediate Income Trust (MIN), DWS Municipal Income Trust (KTF) and Blackrock Muniyield Quality Fund (MQY).
What other stocks do shareholders of NeXt Innovation own?
Who are NeXt Innovation's key executives?
NeXt Innovation's management team includes the folowing people:
- Mr. Mark David Klein, Pres & CEO (Age 57)
- Mr. Luben Pampoulov, Co-Founder & Co-Portfolio Mang. (Age 38)
- Ms. Allison Green, Sr. VP of Fin., Treasurer & Sec. (Age 34)
- Mr. Carl M. Rizzo J.D., Chief Compliance Officer (Age 67)
- Mr. Nicholas Franco, VP
How do I buy shares of NeXt Innovation?
Shares of GSVC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is NeXt Innovation's stock price today?
One share of GSVC stock can currently be purchased for approximately $7.22.
How big of a company is NeXt Innovation?
NeXt Innovation has a market capitalization of $143.79 million and generates $1.62 million in revenue each year. The investment management company earns $890,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis.
What is NeXt Innovation's official website?
How can I contact NeXt Innovation?
NeXt Innovation's mailing address is 2925 WOODSIDE ROAD, WOODSIDE CA, 94062. The investment management company can be reached via phone at 650-235-4769.
MarketBeat Community Rating for NeXt Innovation (NASDAQ GSVC)
MarketBeat's community ratings are surveys of what our community members think about NeXt Innovation and other stocks. Vote "Outperform" if you believe GSVC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GSVC will underperform the S&P 500 over the long term. You may vote once every thirty days.
