Jane Street Group LLC Buys Shares of 17,527 Gladstone Investment Co. (NASDAQ:GAIN)

Jane Street Group LLC bought a new stake in shares of Gladstone Investment Co. (NASDAQ:GAIN) in the third quarter, HoldingsChannel reports. The institutional investor bought 17,527 shares of the investment management company’s stock, valued at approximately $253,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Centiva Capital LP bought a new stake in Gladstone Investment during the 3rd quarter valued at $192,000. Paloma Partners Management Co bought a new stake in Gladstone Investment during the 3rd quarter valued at $239,000. Private Advisor Group LLC raised its position in Gladstone Investment by 6.9% during the 3rd quarter. Private Advisor Group LLC now owns 24,801 shares of the investment management company’s stock valued at $358,000 after purchasing an additional 1,609 shares in the last quarter. International Assets Investment Management LLC raised its position in Gladstone Investment by 1,345.0% during the 3rd quarter. International Assets Investment Management LLC now owns 31,646 shares of the investment management company’s stock valued at $457,000 after purchasing an additional 29,456 shares in the last quarter. Finally, United Advisor Group LLC raised its position in Gladstone Investment by 1.9% during the 3rd quarter. United Advisor Group LLC now owns 70,079 shares of the investment management company’s stock valued at $1,013,000 after purchasing an additional 1,281 shares in the last quarter. 11.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on GAIN. B. Riley boosted their price target on Gladstone Investment from $13.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, November 11th. StockNews.com raised Gladstone Investment from a “sell” rating to a “hold” rating in a research report on Monday, November 11th.

Gladstone Investment Trading Down 1.9 %

GAIN opened at $12.72 on Friday. The stock has a fifty day moving average price of $13.41 and a 200-day moving average price of $13.54. Gladstone Investment Co. has a 12 month low of $12.46 and a 12 month high of $14.85. The firm has a market cap of $466.68 million, a price-to-earnings ratio of 12.00 and a beta of 1.30.

Gladstone Investment Company Profile

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.