Flax Pond Capital LLC Purchases 150,815 Shares of Eagle Point Income Company Inc. $EIC

Posted by Geri Gentry on Jul 31st, 2026

Flax Pond Capital LLC raised its position in Eagle Point Income Company Inc. (NYSE:EIC – Free Report) by 33.4% during the 1st quarter, HoldingsChannel reports. The fund owned 603,019 shares of the company’s stock after buying an additional 150,815 shares during the quarter. Eagle Point Income comprises about 4.6% of Flax Pond Capital LLC’s portfolio, making the stock its 4th largest holding. Flax Pond Capital LLC’s holdings in Eagle Point Income were worth $5,692,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Rivernorth Capital Management LLC bought a new position in shares of Eagle Point Income during the 4th quarter worth approximately $5,992,000. Thomas J. Herzfeld Advisors Inc. bought a new position in Eagle Point Income in the fourth quarter valued at $3,546,000. Cerity Partners LLC acquired a new stake in Eagle Point Income in the 4th quarter valued at $2,523,000. Bulldog Investors LLP acquired a new stake in Eagle Point Income in the 1st quarter valued at $2,054,000. Finally, Almitas Capital LLC bought a new stake in Eagle Point Income during the 4th quarter worth about $919,000.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Eagle Point Income from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $11.25.

Check Out Our Latest Research Report on EIC

Eagle Point Income Price Performance

NYSE:EIC opened at $9.98 on Friday. Eagle Point Income Company Inc. has a 1-year low of $9.17 and a 1-year high of $13.92. The firm has a fifty day simple moving average of $10.22 and a 200 day simple moving average of $10.18.

Eagle Point Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Thursday, September 10th will be paid a $0.11 dividend. The ex-dividend date is Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 13.2%.

Eagle Point Income Profile

(Free Report)

Eagle Point Income Company (NYSE: EIC) is a closed-end management investment company that primarily invests in the equity and junior debt tranches of collateralized loan obligations (CLOs). Launched in 2019 and domiciled in Maryland, the company seeks to provide shareholders with high current income and the potential for capital appreciation by focusing on structured credit opportunities. Eagle Point Income maintains a diversified portfolio of CLO equity positions, targeting both seasoned and newly issued transactions across multiple risk profiles.

The company’s investment strategy centers on identifying mispriced or underfollowed CLO tranches, where it believes its team’s deep industry expertise can add value.