New insider activity at CION Investment Corp ( (CION) ) has taken place on March 21, 2025.
President & CIO Gregg A. Bresner has made a significant investment by purchasing 3,000 shares of CION Investment Corp stock, with the transaction valued at $32,420.
Recent Updates on CION stock
CION Investment Corp. experienced a downgrade by Wells Fargo analyst Finian O’Shea, who shifted the rating to Underweight from Equal Weight, citing the increased likelihood of a base dividend cut in 2025. This decision was influenced by the company’s failure to earn its dividend in Q4, despite receiving one-time fee income and payment-in-kind reversals, and its high net leverage, which is expected to set a high-water-mark. The company’s recent earnings call highlighted a balanced outlook with strong financial performance and strategic management, despite challenges such as a decline in net asset value and competitive market conditions. CION reported a net investment income of $1.79 per share for 2024, exceeding total distributions of $1.52 per share, and maintained a stable dividend distribution. The company also demonstrated confidence through share repurchases and a robust investment strategy, focusing on first lien investments with structured yield enhancements.
More about CION Investment Corp
YTD Price Performance: -4.63%
Average Trading Volume: 286,914
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $574.8M