On December 10, 2024, Nicholas Meserve, Managing Director at Main Street Capital Corp, executed a sale of 9,000 shares of the company. Following this transaction, the insider now holds 86,666.7027 shares of Main Street Capital Corp. The details of this transaction can be found in the SEC Filing.
Main Street Capital Corp (MAIN, Financial) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. The firm seeks to partner with entrepreneurs, business owners, and management teams and generally provides "one-stop" financing alternatives within its lower middle market portfolio. Main Street Capital Corp is headquartered in Houston, Texas.
Over the past year, Nicholas Meserve has sold a total of 21,000 shares and has not made any purchases. The insider transaction history for Main Street Capital Corp indicates that there have been no insider buys in the past year, while there have been three insider sells.
As of the date of the recent sale, shares of Main Street Capital Corp were trading at $55.01, giving the stock a market cap of $4.884 billion. The company's price-earnings ratio stands at 10.03, which is lower than the industry median of 10.755 and also lower than the company's historical median price-earnings ratio.
With a trading price of $55.01 and a GF Value of $47.99, Main Street Capital Corp has a price-to-GF-Value ratio of 1.15, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
