NeXt Innovation Corp (NASDAQ:GSVC) CEO Mark D. Klein bought 30,000 shares of the stock in a transaction dated Tuesday, June 11th. The shares were purchased at an average price of $6.44 per share, for a total transaction of $193,200.00. Following the purchase, the chief executive officer now owns 120,000 shares of the company’s stock, valued at approximately $772,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of NASDAQ GSVC opened at $6.63 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.18. NeXt Innovation Corp has a 1-year low of $4.99 and a 1-year high of $8.39.
NeXt Innovation (NASDAQ:GSVC) last announced its earnings results on Wednesday, May 8th. The investment management company reported $0.03 earnings per share for the quarter. The company had revenue of $0.23 million for the quarter. NeXt Innovation had a negative return on equity of 3.34% and a net margin of 697.12%. As a group, analysts forecast that NeXt Innovation Corp will post 1.02 earnings per share for the current year.
Separately, Zacks Investment Research lowered NeXt Innovation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 15th.
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NeXt Innovation Company Profile
GSV Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.
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