BlackRock TCP Capital Corp’s recent filing unveils that its Director Leets Karen L acquired Company’s shares for reported $24915.0 on May 13 ’25. In the deal valued at $7.55 per share,3,300 shares were bought. As a result of this transaction, Leets Karen L now holds 7,680 shares worth roughly $55910.4.
Then, Tseng Philip M bought 10,000 shares, generating $77,400 in total proceeds. Upon buying the shares at $7.74, the Director and CEO now owns 38,587 shares.
Before that, Wolfe Patrick bought 6,100 shares. BlackRock TCP Capital Corp shares valued at $49,508 were divested by the Chief Operating Officer at a price of $8.12 per share. As a result of the transaction, Wolfe Patrick now holds 8,003 shares, worth roughly $58261.840000000004.
Wells Fargo downgraded its BlackRock TCP Capital Corp [TCPC] rating to an Underweight from a an Equal weight in a research note published on August 26, 2024; the price target was decreased to $8 from $8.50. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”. Oppenheimer also remained covering TCPC and has decreased its forecast on March 06, 2024 with a “Perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on March 01, 2024. It rated TCPC as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of TCPC
On Monday, BlackRock TCP Capital Corp [NASDAQ:TCPC] saw its stock fall -5.82% to $7.28. Over the last five days, the stock has lost -7.95%. BlackRock TCP Capital Corp shares have fallen nearly -15.57% since the year began. Nevertheless, the stocks have fallen -34.61% over the past one year. While a 52-week high of $10.82 was reached on 02/24/25, a 52-week low of $6.24 was recorded on 04/09/25.
Levels Of Support And Resistance For TCPC Stock
The 24-hour chart illustrates a support level at 7.18, which if violated will result in even more drops to 7.07. On the upside, there is a resistance level at 7.49. A further resistance level may holdings at 7.69.
