Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. New Mountain Finance Corp shares valued at $56,600 were purchased by Ogens David on Mar 06 ’25. At $11.32 per share, Ogens David acquired 5,000 shares. The insider’s holdings grew to 189,020 shares worth approximately $1.9 million following the completion of this transaction.
Also, Ogens David purchased 5,000 shares, netting a total of over 56,500 in proceeds. Following the buying of shares at $11.30 each, the insider now holds 194,020 shares.
Before that, Ogens David had added 5,000 shares to its account. In a trade valued at $57,200, the Director bought New Mountain Finance Corp shares for $11.44 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $1.8 million.
Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid April. As of October 14, 2022, B. Riley Securities has initiated its “Neutral” rating for NMFC. Earlier on February 07, 2022, Janney initiated its rating. Their recommendation was “a Buy” for NMFC stock.
Analyzing NMFC Stock Performance
On last trading session, New Mountain Finance Corp [NASDAQ: NMFC] plunged -1.28% to $10.05. The stock’s lowest price that day was $9.965, but it reached a high of $10.16 in the same session. During the last five days, there has been a drop of approximately -4.65%. Over the course of the year, New Mountain Finance Corp shares have dropped approximately -17.42%.
Is New Mountain Finance Corp subject to short interest?
Stocks of New Mountain Finance Corp saw a sharp steep in short interest on 2025-07-15 dropping by -0.14 million shares to 1.36 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 1.5 million shares. A decline of -10.52% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.82 of the overall float, the days-to-cover ratio (short ratio) decline to 2.82.
Which companies own the most shares of New Mountain Finance Corp (NMFC)?
In terms of New Mountain Finance Corp share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 8.06% from the previous closing price of $10.18. Analysts anticipate New Mountain Finance Corp stock to reach 11 by 2025, with the lowest price target being 11. In spite of this, 1 analysts ranked New Mountain Finance Corp stock as Hold at the end of 2025. On March 05, 2021, Hovde Group assigned a price target of “a Market perform” to the stock and initiated coverage with a $13.50.
