Main Street Capital Corporation’s recently made public that its CEO, SMD Hyzak Dwayne L. unloaded Company’s shares for reported $6.97 million on Mar 26 ’25. In the deal valued at $58.05 per share,120,000 shares were sold. As a result of this transaction, Hyzak Dwayne L. now holds 402,371 shares worth roughly $20.24 million.
Then, Magdol David L. sold 100,000 shares, generating $5,805,000 in total proceeds. Upon selling the shares at $58.05, the PRESIDENT, CIO AND SMD now owns 377,182 shares.
Before that, Dwayne L. Hyzak bought 120,000 shares. Main Street Capital Corporation shares valued at $7,084,800 were divested by the Officer at a price of $59.04 per share.
B. Riley Securities downgraded its Main Street Capital Corporation [MAIN] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Hovde Group’s analysts, who increased its forecast for the stock in late June from “a Market perform” to “an Outperform”. UBS began covering MAIN with “Neutral” recommendation on December 19, 2022. B. Riley Securities started covering the stock on December 12, 2022. It rated MAIN as “a Buy”.
Price Performance Review of MAIN
On Monday, Main Street Capital Corporation [NYSE:MAIN] saw its stock fall -2.29% to $50.30. Over the last five days, the stock has lost -11.07%. Main Street Capital Corporation shares have fallen nearly -13.69% since the year began. Nevertheless, the stocks have risen 9.44% over the past one year. While a 52-week high of $62.99 was reached on 02/21/25, a 52-week low of $44.26 was recorded on 04/07/25. SMA at 50 days reached $58.95, while 200 days put it at $54.00.
Levels Of Support And Resistance For MAIN Stock
The 24-hour chart illustrates a support level at 47.70, which if violated will result in even more drops to 45.09. On the upside, there is a resistance level at 52.79. A further resistance level may holdings at 55.27. The Relative Strength Index (RSI) on the 14-day chart is 25.92, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.95%. Stochastics %K at 16.65% indicates the stock is a buying.
How much short interest is there in Main Street Capital Corporation?
A steep rise in short interest was recorded in Main Street Capital Corporation stocks on 2025-03-14, dropping by -0.3 million shares to a total of 3.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.64 million shares. There was a decline of -8.84%, which implies that there is a negative sentiment for the stock.
