In a filing, PennantPark Floating Rate Capital Ltd revealed its Director Briones Jose A acquired Company’s shares for reported $99925.0 on May 14 ’25. In the deal valued at $10.15 per share,9,840 shares were bought. As a result of this transaction, Briones Jose A now holds 329,438 shares worth roughly $3.37 million.
Then, Briones Jose A bought 1,745 shares, generating $19,892 in total proceeds. Upon buying the shares at $11.40, the Director now owns 319,598 shares.
Before that, Allorto Richard T JR bought 10,000 shares. PennantPark Floating Rate Capital Ltd shares valued at $113,000 were divested by the CFO and Treasurer at a price of $11.30 per share. As a result of the transaction, Allorto Richard T JR now holds 10,000 shares, worth roughly $0.1 million.
Ladenburg Thalmann upgraded its PennantPark Floating Rate Capital Ltd [PFLT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid December with a ‘”a Mkt perform”‘ rating. Maxim Group also remained covering PFLT and has increased its forecast on August 12, 2024 with a “Buy” recommendation from previously “Hold” rating. UBS started covering the stock on June 08, 2023. It rated PFLT as “a Neutral”.
Price Performance Review of PFLT
On Friday, PennantPark Floating Rate Capital Ltd [NYSE:PFLT] saw its stock jump 1.19% to $10.23. Over the last five days, the stock has gained 1.49%. PennantPark Floating Rate Capital Ltd shares have fallen nearly -6.40% since the year began. Nevertheless, the stocks have fallen -10.26% over the past one year. While a 52-week high of $12.02 was reached on 02/11/25, a 52-week low of $8.82 was recorded on 04/09/25. SMA at 50 days reached $10.39, while 200 days put it at $11.00.
Levels Of Support And Resistance For PFLT Stock
The 24-hour chart illustrates a support level at 10.14, which if violated will result in even more drops to 10.05. On the upside, there is a resistance level at 10.28. A further resistance level may holdings at 10.33. The Relative Strength Index (RSI) on the 14-day chart is 53.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.35%. Stochastics %K at 66.08% indicates the stock is a holding.
The most recent change occurred on July 09, 2021 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating .
