The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. BlackRock TCP Capital Corp shares valued at $24,915 were purchased by Leets Karen L on May 13 ’25. At $7.55 per share, Leets Karen L acquired 3,300 shares. The insider’s holdings grew to 7,680 shares worth approximately $59904.0 following the completion of this transaction.
Also, Tseng Philip M purchased 10,000 shares, netting a total of over 77,400 in proceeds. Following the buying of shares at $7.74 each, the insider now holds 38,587 shares.
Before that, Wolfe Patrick had added 6,100 shares to its account. In a trade valued at $49,508, the Chief Operating Officer bought BlackRock TCP Capital Corp shares for $8.12 each. Upon closing the transaction, the insider’s holdings increased to 6,100 shares, worth approximately $62423.4.
As published in a research note from Wells Fargo on August 26, 2024, BlackRock TCP Capital Corp [TCPC] has been rated down from an Equal weight to an Underweight and the price target has been revised to $8 from $8.50. Analysts at Ladenburg Thalmann downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of March 06, 2024, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for TCPC. Earlier on March 01, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for TCPC stock which previously was a “an Outperform”.
Analyzing TCPC Stock Performance
On last trading session,, BlackRock TCP Capital Corp [NASDAQ: TCPC] plunged -0.38% to $7.80. The stock’s lowest price that day was $7.69, but it reached a high of $7.97 in the same session. During the last five days, there has been a drop of approximately -0.26%. Over the course of the year, BlackRock TCP Capital Corp shares have dropped approximately -10.00%.
Support And Resistance Levels for BlackRock TCP Capital Corp (TCPC)
RSI (Relative Strength Index) is 57.26 on the 14-day chart, showing neutral technical sentiment.
Is BlackRock TCP Capital Corp subject to short interest?
Stocks of BlackRock TCP Capital Corp saw a sharp steep in short interest on 2025-05-30 dropping by -0.14 million shares to 1.69 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.84 million shares. A decline of -8.5% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.91 of the overall float, the days-to-cover ratio (short ratio) decline to 2.91.
Which companies own the most shares of BlackRock TCP Capital Corp (TCPC)?
In terms of BlackRock TCP Capital Corp share price expectations, FactSet research, analysts set an average price target of 8 in the next 12 months, up nearly 2.17% from the previous closing price of $7.83. Analysts anticipate BlackRock TCP Capital Corp stock to reach 8 by 2025, with the lowest price target being 8. In spite of this, 1 analysts ranked BlackRock TCP Capital Corp stock as Hold at the end of 2025.
