New Mountain Finance Corp’s filing revealed that its Director Ogens David acquired Company’s shares for reported $56600.0 on Mar 06 ’25. In the deal valued at $11.32 per share,5,000 shares were bought. As a result of this transaction, Ogens David now holds 189,020 shares worth roughly $1.99 million.
Then, Ogens David bought 5,000 shares, generating $56,500 in total proceeds. Upon buying the shares at $11.30, the Director now owns 194,020 shares.
Before that, Ogens David bought 5,000 shares. New Mountain Finance Corp shares valued at $57,200 were divested by the Director at a price of $11.44 per share. As a result of the transaction, Ogens David now holds 179,020 shares, worth roughly $1.89 million.
A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid April from “an Overweight” to “an Equal weight”. B. Riley Securities began covering NMFC with “Neutral” recommendation on October 14, 2022. Janney started covering the stock on February 07, 2022. It rated NMFC as “a Buy”.
Price Performance Review of NMFC
On Monday, New Mountain Finance Corp [NASDAQ:NMFC] saw its stock jump 0.09% to $10.55. Over the last five days, the stock has gained 2.53%. New Mountain Finance Corp shares have fallen nearly -12.88% since the year began. Nevertheless, the stocks have fallen -6.31% over the past one year. While a 52-week high of $12.52 was reached on 02/21/25, a 52-week low of $8.84 was recorded on 04/09/25.
Levels Of Support And Resistance For NMFC Stock
The 24-hour chart illustrates a support level at 10.50, which if violated will result in even more drops to 10.44. On the upside, there is a resistance level at 10.65. A further resistance level may holdings at 10.74.
How much short interest is there in New Mountain Finance Corp?
A steep rise in short interest was recorded in New Mountain Finance Corp stocks on 2025-06-13, dropping by -0.13 million shares to a total of 1.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.63 million shares. There was a decline of -8.91%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 05, 2021 when Hovde Group began covering the stock and recommended ‘”a Market perform”‘ rating along with a $13.50 price target.
