GSV Capital (GSVC) is Downgraded by JMP Securities to Mkt Perform , according to the research report released to the investors. Earlier the firm had a rating of Mkt Outperform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.
GSV Capital Corp. is up 24.44% in the last 3-month period. Year-to-Date the stock performance stands at 8.57%.
Shares of GSV Capital Corp (NASDAQ:GSVC) appreciated by 2.07% during the past week but lost 5.92% on a 4-week basis. The shares have outperformed the S&P 500 by 2.92% in the past week but underperformed the index by 3.73% in the last 4 weeks.
GSV Capital Corp (NASDAQ:GSVC) : On Thursday heightened volatility was witnessed in GSV Capital Corp (NASDAQ:GSVC) which led to swings in the share price. The shares opened for trading at $9.21 and hit $9.56 on the upside , eventually ending the session at $9.37, with a gain of 1.74% or 0.16 points. The heightened volatility saw the trading volume jump to 186,601 shares. The 52-week high of the share price is $11.33 and the company has a market cap of $181 million. The 52-week low of the share price is at $7.47 .
Currently the company Insiders own 0.38% of GSV Capital Corp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 4.35% . Institutional Investors own 31.99% of GSV Capital Corp shares. During last six month period, the net percent change held by insiders has seen a change of 14.58%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Moe Michael T., CEO of Gsv Capital Corp., had purchased 1,000 shares on November 17, 2015. The total value of the transaction was $10,180. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
GSV Capital Corp. (GSV Capital), formerly NeXt Innovation Corp., is a development-stage company. The Company is an externally managed, non-diversified closed-end management investment company. The Companys investment objective is to maximize capital appreciation. The Company will seek to achieve its investment objective by investing primarily in privately held high growth venture backed companies and select mid cap and large cap publicly traded companies. The Company may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria. It seeks to acquire its investments primarily through private secondary market transactions and, to a lesser extent, through transactions executed on public securities exchanges and direct investments in its portfolio companies. The Companys investment activities will be managed by GSV Asset Management. GSV Capital Service Company will provide the administrative services.