Royce Otc Micro (NYSE:RMT) Insider John Denneen Buys 4,000 Shares

Posted by Brian Himes on Jun 8th, 2026

Royce Otc Micro (NYSE:RMT – Get Free Report) insider John Denneen bought 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average cost of $13.70 per share, for a total transaction of $54,800.00. Following the acquisition, the insider directly owned 12,232 shares in the company, valued at $167,578.40. This trade represents a 48.59% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Royce Otc Micro Price Performance

RMT stock traded up $0.02 during midday trading on Monday, reaching $13.76. The company had a trading volume of 69,103 shares, compared to its average volume of 140,289. Royce Otc Micro has a 1 year low of $8.66 and a 1 year high of $14.30. The firm has a 50-day moving average price of $13.01 and a 200-day moving average price of $11.84.

Royce Otc Micro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Thursday, June 11th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.84 dividend on an annualized basis and a yield of 6.1%. This is a boost from Royce Otc Micro’s previous quarterly dividend of $0.19.

Hedge Funds Weigh In On Royce Otc Micro

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC grew its stake in Royce Otc Micro by 3.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 23,732 shares of the financial services provider’s stock worth $248,000 after buying an additional 897 shares in the last quarter. Guggenheim Capital LLC grew its stake in Royce Otc Micro by 1.6% in the 4th quarter. Guggenheim Capital LLC now owns 60,599 shares of the financial services provider’s stock worth $632,000 after buying an additional 926 shares in the last quarter. Sapient Capital LLC grew its stake in Royce Otc Micro by 2.3% in the 4th quarter. Sapient Capital LLC now owns 47,740 shares of the financial services provider’s stock worth $503,000 after buying an additional 1,068 shares in the last quarter. Diversify Advisory Services LLC grew its stake in Royce Otc Micro by 1.9% in the 3rd quarter. Diversify Advisory Services LLC now owns 65,302 shares of the financial services provider’s stock worth $686,000 after buying an additional 1,231 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in Royce Otc Micro by 2.6% in the 4th quarter. First Trust Advisors LP now owns 52,271 shares of the financial services provider’s stock worth $545,000 after buying an additional 1,328 shares in the last quarter. Hedge funds and other institutional investors own 34.98% of the company’s stock.

About Royce Otc Micro

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Royce Micro-Cap Trust, Inc (NYSE: RMT) is a closed-end management investment company primarily focused on micro-capitalization equity securities. The trust seeks long-term capital appreciation by investing in small U.S. companies that, due to their relatively low market values, often receive less attention from larger institutional investors.

Managed by Royce & Associates, LLC, RMT employs a fundamental, value-oriented investment strategy grounded in in-depth, bottom-up research. Portfolio managers analyze financial statements, market trends and company management to identify undervalued firms with the potential for significant growth.