$2.7M From the CEO, But This Name Keeps Burning Insiders
John Barry runs Prospect Capital, a business development company that lends to and takes equity in middle-market firms, and he just put $2,726,315 into his own stock at $2.24. He's a serial buyer here, 14 purchases in the past year, so this check isn't a surprise. What should give you pause is the history. Buys on this name have been right less than half the time at 30 days and worse out to 90, and every timeframe on the tape currently reads sell. The CEO's conviction is real, but the track record says don't rush in front of it.
The Filing
| Ticker | PSEC |
| Company | PROSPECT CAPITAL CORP |
| Insider | John Barry, CHIEF EXECUTIVE OFFICER |
| Buy amount | $2.7M |
| Filing date | September 9, 2026 |
| Conviction | Interesting · 58/100 |
| Setup type | Accumulation |
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