Keeping an Eye on Sixth Street Specialty Lending Inc. (TSLX) After Insider Trading Activity


Sixth Street Specialty Lending Inc.’s filing revealed that its Director Doddy Hurley acquired Company’s shares for reported $50779.0 on Mar 13. In the deal valued at $17.51 per share,2,900 shares were bought. As a result of this transaction, Doddy Hurley now holds 15,241 shares worth roughly $ 0.31 million.

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Then, Graf Michael bought 1,500 shares, generating $26,325 in total proceeds. Upon buying the shares at $17.55, the (1) now owns 3,500 shares.

Before that, Graf Michael bought 2,000 shares. Sixth Street Specialty Lending Inc. shares valued at $37,100 were divested by the insider (1) at a price of $18.55 per share. As a result of the transaction, Graf Michael now holds 2,000 shares, worth roughly $40540.0.

B. Riley Securities initiated its Sixth Street Specialty Lending Inc. [TSLX] rating to a Buy in a research note published on Friday, June 16, 2023; the price target was $21. PT values the company’s stock at a premium of 3.48 to its Friday closing price.

Price Performance Review of TSLX

On Friday, Sixth Street Specialty Lending Inc. [NYSE:TSLX] saw its stock jump 0.50% to $20.27. On the same session, the stock had its day’s lowest price of $20.22, but rose to a high of $20.41. Over the last five days, the stock has gained 1.55%. Sixth Street Specialty Lending Inc. shares have risen nearly 15.01% since the year began. Nevertheless, the stocks have risen 8.72% over the past one year. While a 52-week high of $20.91 was reached on 08/04/23, a 52-week low of $15.87 was recorded on 03/16/23. SMA at 50 days reached $19.65, while 200 days put it at $18.67. A total of 0.35 million shares were traded, compared to the trading of 0.23 million shares in the previous session.

Levels Of Support And Resistance For TSLX Stock

The 24-hour chart illustrates a support level at 20.19, which if violated will result in even more drops to 20.11. On the upside, there is a resistance level at 20.38. A further resistance level may holdings at 20.49. The Relative Strength Index (RSI) on the 14-day chart is 61.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.21%. Stochastics %K at 67.14% indicates the stock is a holding.

How much short interest is there in Sixth Street Specialty Lending Inc.?

A steep rise in short interest was recorded in Sixth Street Specialty Lending Inc. stocks on Aug 14, 2023, growing by 0.21 million shares to a total of 1.16 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.95 million shares. There was a rise of 17.79%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.37% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.48.

According to FactSet, Sixth Street Specialty Lending Inc.’s share price will average $21.50 in the next year, based on opinions of analysts polled by the firm. This is up nearly 9.07 percent from its previous closing price of $20.17. Analysts expect Sixth Street Specialty Lending Inc. stock to reach the higher price of $22.00, while the lowest price estimate is $20.00. However, 12 analysts have rated TSLX stock as a Buy in their predictions for 2023.


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