Keefe, Bruyette & Woods Has Lowered Expectations for Horizon Technology Finance (NASDAQ:HRZN) Stock Price

Posted by Stanley Muller on Aug 21st, 2026

Horizon Technology Finance (NASDAQ:HRZN – Get Free Report) had its target price lowered by Keefe, Bruyette & Woods from $5.00 to $4.50 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “market perform” rating on the investment management company’s stock. Keefe, Bruyette & Woods’ target price suggests a potential downside of 5.46% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings downgraded shares of Horizon Technology Finance from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday. Oppenheimer cut their target price on Horizon Technology Finance from $6.00 to $5.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. UBS Group reduced their target price on Horizon Technology Finance from $4.50 to $4.25 and set a “neutral” rating for the company in a report on Monday, May 18th. Finally, Zacks Research raised Horizon Technology Finance from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 7th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $4.81.

View Our Latest Analysis on HRZN

Horizon Technology Finance Trading Down 3.3%

HRZN traded down $0.16 on Friday, hitting $4.76. 464,710 shares of the company were exchanged, compared to its average volume of 912,220. The company has a market cap of $319.06 million, a price-to-earnings ratio of 13.22 and a beta of 0.98. The firm has a 50-day moving average price of $4.58 and a two-hundred day moving average price of $4.73. Horizon Technology Finance has a twelve month low of $3.80 and a twelve month high of $7.07.

Horizon Technology Finance (NASDAQ:HRZN – Get Free Report) last posted its earnings results on Tuesday, August 4th. The investment management company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.02). The business had revenue of ($44.66) million during the quarter, compared to analysts’ expectations of $25.22 million. Horizon Technology Finance had a net margin of 5.27% and a return on equity of 11.15%. Equities analysts expect that Horizon Technology Finance will post 0.63 EPS for the current year.

Insider Activity at Horizon Technology Finance

In related news, CIO Paul G. Seitz bought 11,477 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were bought at an average cost of $4.35 per share, for a total transaction of $49,924.95. Following the transaction, the executive owned 12,242 shares of the company’s stock, valued at approximately $53,252.70. This trade represents a 1,500.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Daniel R. Trolio purchased 11,500 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was bought at an average price of $4.34 per share, with a total value of $49,910.00. Following the acquisition, the chief financial officer directly owned 15,023 shares in the company, valued at approximately $65,199.82. This represents a 326.43% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 134,977 shares of company stock worth $585,975 in the last three months. 0.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Horizon Technology Finance

Institutional investors and hedge funds have recently modified their holdings of the company. Green Alpha Advisors LLC acquired a new stake in Horizon Technology Finance in the second quarter valued at $2,033,000. Legal & General Group Plc acquired a new position in shares of Horizon Technology Finance during the 2nd quarter worth $1,821,000. Eagle Point Credit Management LLC purchased a new stake in shares of Horizon Technology Finance in the 4th quarter worth about $2,385,000. Bank of America Corp DE purchased a new position in Horizon Technology Finance during the 2nd quarter valued at about $1,068,000. Finally, BlackRock Inc. acquired a new position in Horizon Technology Finance during the second quarter worth about $856,000. Institutional investors and hedge funds own 4.94% of the company’s stock.

Horizon Technology Finance Company Profile

(Get Free Report)

Horizon Technology Finance Corporation is a specialty finance company organized as a business development company (BDC) that provides private credit solutions to venture capital and private equity-backed technology, life science and healthcare companies. The firm targets companies at various stages of development, offering secured debt financing structures such as first‐lien and second‐lien loans, as well as equity co‐investment opportunities in select portfolio companies.

Horizon Technology Finance’s investment strategy emphasizes deployment of capital in U.S.‐based enterprises with proven technology, strong management teams and clear paths to growth.