New Mountain Finance Corp’s filing revealed that its Director KLINSKY STEVEN B acquired Company’s shares for reported $0.82 million on Dec 17 ’24. In the deal valued at $11.28 per share,72,280 shares were bought. As a result of this transaction, KLINSKY STEVEN B now holds 4,285,505 shares worth roughly $51.25 million.
Then, KLINSKY STEVEN B bought 91,451 shares, generating $1,073,397 in total proceeds. Upon buying the shares at $11.74, the Director now owns 4,237,318 shares.
Before that, KLINSKY STEVEN B bought 9,051 shares. New Mountain Finance Corp shares valued at $106,244 were divested by the Director at a price of $11.74 per share. As a result of the transaction, KLINSKY STEVEN B now holds 4,176,351 shares, worth roughly $49.95 million.
Wells Fargo downgraded its New Mountain Finance Corp [NMFC] rating to an Equal weight from a an Overweight in a research note published on April 18, 2023; the price target was decreased to $11 from $13. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in mid October with a ‘”a Neutral”‘ rating. Janney began covering NMFC with “Buy” recommendation on February 07, 2022. Hovde Group started covering the stock on March 05, 2021. It rated NMFC as “a Market perform”.
Price Performance Review of NMFC
On Tuesday, New Mountain Finance Corp [NASDAQ:NMFC] saw its stock jump 0.17% to $11.96. Over the last five days, the stock has gained 0.84%. New Mountain Finance Corp shares have risen nearly 6.22% since the year began. Nevertheless, the stocks have fallen -5.07% over the past one year. While a 52-week high of $12.92 was reached on 02/21/25, a 52-week low of $10.61 was recorded on 01/13/25. SMA at 50 days reached $11.48, while 200 days put it at $11.92.
Levels Of Support And Resistance For NMFC Stock
The 24-hour chart illustrates a support level at 11.89, which if violated will result in even more drops to 11.83. On the upside, there is a resistance level at 12.02. A further resistance level may holdings at 12.09. The Relative Strength Index (RSI) on the 14-day chart is 65.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.82%. Stochastics %K at 82.18% indicates the stock is a selling.
