PhenixFIN (NYSE:PFX) CFO Purchases $17,237.50 in Stock

PhenixFIN Co. (NYSE:PFX) CFO Ellida Mcmillan bought 350 shares of the business’s stock in a transaction dated Thursday, August 14th. The stock was acquired at an average cost of $49.25 per share, for a total transaction of $17,237.50. Following the purchase, the chief financial officer owned 2,987 shares in the company, valued at approximately $147,109.75. This trade represents a 13.27% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ellida Mcmillan also recently made the following trade(s):

• On Monday, June 23rd, Ellida Mcmillan bought 1 shares of PhenixFIN stock. The stock was bought at an average price of $48.12 per share, with a total value of $48.12.

PhenixFIN Price Performance

PFX stock opened at $49.2450 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.21 and a current ratio of 1.21. PhenixFIN Co. has a 1 year low of $44.56 and a 1 year high of $57.40. The firm has a market cap of $98.69 million, a P/E ratio of 6.04 and a beta of 0.35. The stock has a 50-day simple moving average of $49.56 and a 200-day simple moving average of $50.54.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Crossingbridge Advisors LLC purchased a new position in shares of PhenixFIN in the fourth quarter valued at $507,000. Bulldog Investors LLP purchased a new position in shares of PhenixFIN in the fourth quarter valued at $973,000. Raymond James Financial Inc. purchased a new position in shares of PhenixFIN in the fourth quarter valued at $992,000. Finally, Adalta Capital Management LLC boosted its stake in shares of PhenixFIN by 4.0% in the fourth quarter. Adalta Capital Management LLC now owns 155,524 shares of the company’s stock valued at $7,777,000 after purchasing an additional 5,921 shares during the period. 43.35% of the stock is currently owned by hedge funds and other institutional investors.

About PhenixFIN

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.