CEO, President, and Chairman of the Board of Solar Senior
Capital Ltd (
SUNS
) Michael S Gross bought 23,481 shares on 08/15/2012 at an
average price of $17.4. The total transaction amount is $408,569.
Solar Senior Capital Ltd. operates as a business development
company under the Investment Company Act of 1940. Solar Senior
Capital Ltd has a market cap of $165.3 million; its shares were
traded at around $17.4 with a P/E ratio of 20.7 and P/S ratio of
21. The dividend yield of Solar Senior Capital Ltd stocks is
7.2%.
Michael Gross has been the Chairman, CEO, and President of Solar
Senior Capital since December 2010. In addition, Mr. Gross served
as the managing member, the chairman of the board of directors
and the chief executive officer of Solar Capital LLC since its
inception in February 2007, and has been the chairman of the
board of directors since December 2007, and chief executive
officer and president since November 2007, of Solar Capital, its
successor fund.
Solar Senior Capital CEO Michael Gross has been consistently
increasing his position in the company recently. On 5/25/2012, he
purchased 9,001 shares of the company. Since then, he traded in
the company four more times, purchasing a total of 83,961 shares
of the company. It is estimated that he owns at least 676,601
shares of SUNS. Additionally, CFO Richard Peteka also purchased
6,250 shares of the company in late May of 2012.
Solar Senior Capital recently announced its second quarter 2012
financial results. The company reported earnings of $3.6 million,
or $0.38 per share, and net investment income of $3.4 million, or
$0.36 per share, for the quarter ended June 30, 2012. Net asset
value (
NAV
) per share increased to $18.54, from $18.15 at December 31,
2011.
No gurus currently hold a position in Solar Senior Capital Ltd.
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