New insider activity at Sound Point Meridian Capital, Inc. ( (SPMC) ) has taken place on October 14, 2025.
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Significant shareholder Assured Guaranty Ltd has recently sold 7,831 shares of Sound Point Meridian Capital, Inc., amounting to a total transaction value of $137,881.
Recent Updates on SPMC stock
Sound Point Meridian Capital, Inc. (SPMC) has recently announced an equity distribution agreement to issue and sell up to $100 million in shares, which is intended to enhance financial flexibility for acquiring investments, making distributions, and potentially repaying debt. This follows the company’s stable financial performance report, with an unaudited net asset value per share estimated between $16.86 and $16.96 as of September 30, 2025. Analysts have maintained a Buy rating with a $20.00 price target, citing the company’s institutional backing, proactive portfolio management, and strategic refinancing activities as strengths. However, challenges such as tight loan spreads impacting collateralized loan obligation equity yields and valuations have contributed to net asset value compression since the IPO. The company is positioned to benefit from potential loan market rebalancing in 2026 as M&A activities potentially recover.
More about Sound Point Meridian Capital, Inc.
YTD Price Performance: -6.39%
Average Trading Volume: 20,269
Technical Sentiment Signal: Sell