PennantPark Investment (NASDAQ:PNNT) Director Jeffrey Flug Sells 15,000 Shares
PennantPark Investment Director Jeffrey Flug sold 15,000 shares, reducing his position by 6.16%. The shares were sold at $6.06 each, totaling $90,900. Following the sale, Flug owns 228,318 shares valued at $1,383,607.08. The transaction was disclosed in an SEC filing. PennantPark's stock opened at $5.78, with a market cap of $377.28 million. Analysts have set new price targets, with a consensus rating of "Reduce" and a target of $5.94.
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