prospect capital management l.p. ("prospect") is the investment advisor to prospect capital corporation (nasdaq: psec), a leading provider of flexible private debt and equity capital to sponsor-owned and non-sponsor-owned middle market companies in the united states and canada. psec is a publicly-traded closed-end investment company that has elected to be treated as a business development company under the investment company act of 1940, as amended. as a yield-oriented company, psec seeks investments with historical cash flows, asset collateral, or contracted pro forma cash flows. prospect reviews a range of financing situations, including: * mezzanine debt * acquisitions * growth * development * financings * recapitalizations
Company profile
Ticker
PSEC
Exchange
Website
CEO
John Barry
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
PROSPECT ENERGY CORP, PROSPECT STREET ENERGY CORP
SEC CIK
Corporate docs
IRS number
432048643
PSEC stock data
Latest filings (excl ownership)
424B2
Prospectus for primary offering
22 Apr 24
424B2
Prospectus for primary offering
22 Apr 24
POS EX
Additional exhibits for listing
18 Apr 24
DEFA14A
Additional proxy soliciting materials
15 Apr 24
424B2
Prospectus for primary offering
15 Apr 24
424B2
Prospectus for primary offering
15 Apr 24
POS EX
Additional exhibits for listing
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
424B2
Prospectus for primary offering
8 Apr 24
424B2
Prospectus for primary offering
8 Apr 24
Transcripts
PSEC
Earnings call transcript
2024 Q2
9 Feb 24
PSEC
Earnings call transcript
2024 Q1
9 Nov 23
PSEC
Earnings call transcript
2023 Q4
30 Aug 23
PSEC
Earnings call transcript
2023 Q3
10 May 23
PSEC
Earnings call transcript
2023 Q2
9 Feb 23
PSEC
Earnings call transcript
2023 Q1
10 Nov 22
PSEC
Earnings call transcript
2022 Q4
30 Aug 22
PSEC
Earnings call transcript
2022 Q3
10 May 22
PSEC
Earnings call transcript
2022 Q2
9 Feb 22
PSEC
Earnings call transcript
2021 Q3
8 Nov 21
Latest ownership filings
SC 13D/A
Barry John F
22 Mar 24
4
Dask Kristin Lea Van
13 Mar 24
3
Initial statement of insider ownership
26 Feb 24
4
John F Barry
28 Dec 23
4
M Grier Eliasek
8 Dec 23
4
M Grier Eliasek
7 Dec 23
4
M Grier Eliasek
6 Dec 23
4
M Grier Eliasek
1 Dec 23
4
M Grier Eliasek
30 Nov 23
4
M Grier Eliasek
29 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 68.91 mm | 68.91 mm | 68.91 mm | 68.91 mm | 68.91 mm | 68.91 mm |
Cash burn (monthly) | 8.91 mm | (no burn) | 40.35 mm | (no burn) | (no burn) | 4.07 mm |
Cash used (since last report) | 60.55 mm | n/a | 274.11 mm | n/a | n/a | 27.66 mm |
Cash remaining | 8.35 mm | n/a | -205.21 mm | n/a | n/a | 41.24 mm |
Runway (months of cash) | 0.9 | n/a | -5.1 | n/a | n/a | 10.1 |
Institutional ownership, Q3 2023
8.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 234 |
Opened positions | 233 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 214.66 bn |
Total shares | 36.09 mm |
Total puts | 4.93 mm |
Total calls | 1.36 mm |
Total put/call ratio | 3.6 |
Largest owners | Shares | Value |
---|---|---|
Van Eck Associates | 4.88 mm | $29.41 bn |
LGEN Legal & General | 2.95 mm | $17.89 bn |
Barry John F | 2.72 mm | $14.85 mm |
MS Morgan Stanley | 1.86 mm | $11.23 bn |
LSV Asset Management | 1.74 mm | $10.46 bn |
XML Financial | 1.38 mm | $8.38 bn |
Y.D. More Investments | 1.27 mm | $31.83 bn |
BLK Blackrock | 1.24 mm | $7.52 bn |
Commonwealth Equity Services | 930.60 k | $5.63 mm |
LPL Financial | 899.53 k | $5.44 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Dask Kristin Lea Van | COMMON STOCK | Buy | Acquire P | Yes | No | 5.4399 | 5,000 | 27.20 k | 10,000 |
27 Dec 23 | Barry John F | COMMON STOCK | Gift | Dispose G | No | No | 0 | 2,582,000 | 0.00 | 64,949,108.25 |
26 Dec 23 | Barry John F | COMMON STOCK | Gift | Dispose G | No | No | 0 | 5,427,976.74 | 0.00 | 67,531,108.25 |
6 Dec 23 | Eliasek M Grier | COMMON STOCK | Buy | Acquire P | No | No | 5.67 | 10,000 | 56.70 k | 1,616,130.422 |
5 Dec 23 | Eliasek M Grier | COMMON STOCK | Buy | Acquire P | No | No | 5.6391 | 10,000 | 56.39 k | 1,606,130.422 |
News
How Is The Market Feeling About Prospect Capital?
12 Apr 24
Wondering Where To Find An Over 7% Annual Return? Check Out These 10 Investment-Grade Corporate Bonds
5 Apr 24
Looking Into Prospect Capital's Recent Short Interest
14 Mar 24
Prospect Capital: Dividend Insights
21 Feb 24
Recap: Prospect Capital Q2 Earnings
8 Feb 24