The Potential Rise in the Price of PennantPark Floating Rate Capital Ltd (PFLT) following insiders activity

Anna Perez

PennantPark Floating Rate Capital Ltd’s recently made public that its Director Briones Jose A acquired Company’s shares for reported $14995.0 on May 21 ’25. In the deal valued at $10.13 per share,1,480 shares were bought. As a result of this transaction, Briones Jose A now holds 330,918 shares worth roughly $3.07 million.

Then, Briones Jose A bought 9,840 shares, generating $99,925 in total proceeds. Upon buying the shares at $10.15, the Director now owns 329,438 shares.

Keefe Bruyette upgraded its PennantPark Floating Rate Capital Ltd [PFLT] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who increased its forecast for the stock in mid May from “a Neutral” to “a Buy”. Raymond James began covering PFLT with “Mkt perform” recommendation on December 20, 2024. Maxim Group revised its rating on August 12, 2024. It rated PFLT as “a Buy” which previously was an “a Hold”.

Price Performance Review of PFLT

On Tuesday, PennantPark Floating Rate Capital Ltd [NYSE:PFLT] saw its stock jump 0.22% to $9.28. Over the last five days, the stock has gained 4.74%. PennantPark Floating Rate Capital Ltd shares have fallen nearly -19.86% since the year began. Nevertheless, the stocks have fallen -15.10% over the past one year. While a 52-week high of $11.56 was reached on 02/11/25, a 52-week low of $8.40 was recorded on 10/16/25.

Levels Of Support And Resistance For PFLT Stock

The 24-hour chart illustrates a support level at 9.24, which if violated will result in even more drops to 9.19. On the upside, there is a resistance level at 9.35. A further resistance level may holdings at 9.41.

How much short interest is there in PennantPark Floating Rate Capital Ltd?

A steep rise in short interest was recorded in PennantPark Floating Rate Capital Ltd stocks on 2025-10-15, growing by 0.57 million shares to a total of 1.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 1.42 million shares. There was a rise of 28.66%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 08, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $11 price target.

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