Eagle Level Credit score Administration LLC and Eagle Level DIF GP I LLC every have important holdings OFS credit score Firm, Inc. (NASDAQ: ) reported a sale of most well-liked inventory within the firm. The entities bought 6.125% Sequence C common most well-liked inventory due 2026 for a complete quantity of roughly $14,500, in response to the most recent SEC submitting.
The transaction was dated July 15, 2024, and concerned the sale of 596 shares at a worth of $24.32 per share. After the sale, these entities nonetheless maintain a considerable stake in OFS Credit score Firm, with 22,281 shares remaining in the identical sequence.
Notably, the shares bought are held instantly by personal funding funds managed by Eagle Level Credit score Administration LLC. Eagle Level DIF GP I LLC serves as the final companion of sure relevant funds. Each administration entities could also be deemed to have an oblique pecuniary curiosity within the securities reported herein.
The reporting entity disclaims helpful possession of the securities described within the report and emphasizes that the inclusion of those securities on this report doesn’t represent an admission of helpful possession for any function.
Buyers and market observers usually look to such paperwork to gauge inner sentiment and attainable future actions by firm stakeholders. The sale of most well-liked inventory by entities associated to Eagle Level Credit score Administration LLC could also be of curiosity to those that observe OFS Credit score Firm’s monetary dynamics and inventory efficiency.
Funding Skilled Insights
With latest gross sales of most well-liked shares by key stakeholders in OFS Credit score Firm, Inc. (NASDAQ: OCCI ), traders might discover it useful to think about the important thing monetary metrics and insights supplied by InvestingPro. OFS Credit score Firm has a market capitalization of simply $122.92 million, which can point out a tighter market in comparison with bigger entities. The corporate presently has a price-to-earnings ratio of 13.91, which can point out a doubtlessly engaging valuation relative to earnings.
From a income perspective, OFS Credit score Firm has proven development, with income rising by 14.19% within the trailing twelve months ended Q2 2024. This development was additional mirrored within the firm’s quarterly income of 12.22% in Q2 2024. The harvest grows. center.
For these inquisitive about dividend earnings, OFS Credit score Firm’s dividend yield was a powerful 16.69% as of mid-2024. That is in keeping with one other tip from InvestingPro, which is that the corporate pays out a beneficiant dividend to shareholders. Buyers contemplating OFS Credit score Firm as a part of a dividend return portfolio might discover this notably related.
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