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 $3.37 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.
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
On last trading session,, PennantPark Floating Rate Capital Ltd [NYSE: PFLT] plunged -0.10% to $10.18. The stock’s lowest price that day was $10.13, but it reached a high of $10.22 in the same session. During the last five days, there has been a drop of approximately -0.68%. Over the course of the year, PennantPark Floating Rate Capital Ltd shares have dropped approximately -10.39%. 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 10.13, which, if violated, would cause prices to drop to 10.09. In the upper region, resistance lies at 10.22. The next price resistance is at 10.27. RSI (Relative Strength Index) is 46.76 on the 14-day chart, showing neutral technical sentiment.
Is PennantPark Floating Rate Capital Ltd subject to short interest?
Stocks of PennantPark Floating Rate Capital Ltd saw a sharp rise in short interest on 2025-05-30 jumping by 0.3 million shares to 0.92 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.62 million shares. A jump of 32.54% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.0 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.0.
Which companies own the most shares of PennantPark Floating Rate Capital Ltd (PFLT)?
In terms of PennantPark Floating Rate Capital Ltd share price expectations, FactSet research, analysts set an average price target of 11.5 in the next 12 months, up nearly 12.86% from the previous closing price of $10.19. Analysts anticipate PennantPark Floating Rate Capital Ltd stock to reach 11.5 by 2025, with the lowest price target being 11.5. In spite of this, 1 analysts ranked PennantPark Floating Rate Capital Ltd stock as Hold at the end of 2025.
