B. Riley Upgrades Gladstone Investment (NASDAQ:GAIN) to “Hold”

Gladstone Investment (NASDAQ:GAIN) was upgraded by analysts at B. Riley to a “hold” rating in a research note issued on Monday,Zacks.com reports. B. Riley also issued estimates for Gladstone Investment’s Q1 2027 earnings at $0.23 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.23 EPS, Q4 2027 earnings at $0.23 EPS and FY2027 earnings at $0.92 EPS.

Several other analysts have also issued reports on the stock. LADENBURG THALM/SH SH reiterated a “neutral” rating on shares of Gladstone Investment in a research note on Wednesday, May 14th. Citigroup downgraded shares of Gladstone Investment to a “neutral” rating in a research report on Wednesday, May 14th.

Gladstone Investment Price Performance

NASDAQ:GAIN opened at $14.05 on Monday. The firm has a 50-day moving average of $14.11 and a 200-day moving average of $13.61. The company has a market cap of $517.60 million, a PE ratio of 7.89 and a beta of 0.89. Gladstone Investment has a one year low of $11.42 and a one year high of $15.34.

Gladstone Investment (NASDAQ:GAIN) last issued its quarterly earnings data on Tuesday, May 13th. The investment management company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The firm had revenue of $27.55 million during the quarter, compared to analyst estimates of $24.96 million. Gladstone Investment had a return on equity of 7.31% and a net margin of 69.74%. On average, equities research analysts expect that Gladstone Investment will post 0.96 earnings per share for the current fiscal year.

Institutional Trading of Gladstone Investment

Institutional investors and hedge funds have recently modified their holdings of the business. Melia Wealth LLC increased its position in shares of Gladstone Investment by 4.2% during the 1st quarter. Melia Wealth LLC now owns 1,088,798 shares of the investment management company’s stock valued at $14,546,000 after purchasing an additional 44,377 shares during the last quarter. LPL Financial LLC increased its holdings in Gladstone Investment by 17.8% during the fourth quarter. LPL Financial LLC now owns 190,065 shares of the investment management company’s stock worth $2,518,000 after buying an additional 28,660 shares during the last quarter. Blair William & Co. IL increased its holdings in Gladstone Investment by 4.1% during the first quarter. Blair William & Co. IL now owns 168,436 shares of the investment management company’s stock worth $2,250,000 after buying an additional 6,691 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in Gladstone Investment by 4.2% during the first quarter. Cassaday & Co Wealth Management LLC now owns 112,500 shares of the investment management company’s stock worth $1,503,000 after buying an additional 4,500 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC increased its holdings in Gladstone Investment by 11.8% during the first quarter. Legacy Capital Wealth Partners LLC now owns 106,088 shares of the investment management company’s stock worth $1,417,000 after buying an additional 11,232 shares during the last quarter. 11.85% of the stock is owned by hedge funds and other institutional investors.

Gladstone Investment Company Profile

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.