CEO of Fifth Street Finance Corporation Leonard M. Tannenbaum Bought 20,000 Shares

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Fifth Street Finance Corp. is a Delaware Corporation. Fifth Street Finance Corporation has a market cap of $1.23 billion; its shares were traded at around $10.04 with a P/E ratio of 10.10 and P/S ratio of 6.10. The dividend yield of Fifth Street Finance Corporation stocks is 11.50%. Fifth Street Finance Corporation had an annual average earnings growth of 36.7% over the past 5 years. Articles on GuruFocus.COM CEO of Fifth Street Finance Corporation ( FSC ) Leonard M Tannenbaum bought 20,000 shares on June 20, 2013 at an average price of $9.94. The total transaction amount was $198,800.

Leonard Tannenbaum is currently the Shairman of the Board of Directors and CEO of Fifthh Street Finance Corp. After founding his first private investment firm in 1998, Mr. Tannenbaum has continued to found more private investment firms, including Fifth Street Finance Corp, and has served as a managing member of each firm.

In February and May, CEO Leonard M. Tannenbaum bought a total of 40,000 shares of FSC stock. President and Secretary Bernard D. Berman, Chief Investment Officer Ivelin M.Dimitrov, Director Richard P. Dutkiewicz, and Director Douglas F. Ray together bought 12,700 shares of FSC stock in March, Mayand June.

GuruFocus Guru David Einhorn , who owns 1,998,692 shares as of March 31, 2013, kept his position in FSC unchanged or slightly adjusted. Whitney Tilson sold out his holdings of FSC in the quarter that ended on March 31, 2013.

Fifth Street Finance Corp. reported their 2013 second fiscal quarter results. The company announced interest income of $37.6 million and net investment income of $54.7 million.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

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