Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PennantPark Floating Rate Capital Ltd shares valued at $14,995 were purchased by Briones Jose A on May 21 ’25. At $10.13 per share, Briones Jose A acquired 1,480 shares. The insider’s holdings grew to 330,918 shares worth approximately $3.39 million following the completion of this transaction.
Also, Briones Jose A purchased 9,840 shares, netting a total of over 99,925 in proceeds. Following the buying of shares at $10.15 each, the insider now holds 329,438 shares.
Before that, Briones Jose A had added 1,745 shares to its account. In a trade valued at $19,892, the Director bought PennantPark Floating Rate Capital Ltd shares for $11.40 each. Upon closing the transaction, the insider’s holdings increased to 1,745 shares, worth approximately $3.27 million.
As published in a research note from Ladenburg Thalmann on May 13, 2025, PennantPark Floating Rate Capital Ltd [PFLT] has been rated up from a Neutral to a Buy and the price target has been revised to $10.50. Analysts at Raymond James started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in mid December. As of August 12, 2024, Maxim Group has increased its “Hold” rating to a “Buy” for PFLT. Earlier on June 08, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for PFLT stock.
Analyzing PFLT Stock Performance
During the last five days, there has been a drop of approximately -0.97%. Over the course of the year, PennantPark Floating Rate Capital Ltd shares have dropped approximately -6.40%. Shares of the company reached a 52-week high of $11.50 on 02/11/25 and a 52-week low of $8.82 on 04/09/25.
Support And Resistance Levels for PennantPark Floating Rate Capital Ltd (PFLT)
According to the 24-hour chart, there is a support level at 10.19, which, if violated, would cause prices to drop to 10.16. In the upper region, resistance lies at 10.28. The next price resistance is at 10.34. RSI (Relative Strength Index) is 52.98 on the 14-day chart, showing neutral technical sentiment.
