John F. Barry, Chief Executive Officer of PROSPECT CAPITAL CORP (PSEC), acquired 1,222,704 shares of the company on November 10, 2026. The transaction, executed at $1.41 per share, amounts to a total investment of approximately $1.72 million.
This purchase by a senior executive is often viewed as a strong indicator of confidence in the company's future prospects. Barry has been active in PSEC shares recently, having made a significant purchase of over 1.2 million shares in September as well.
The insider buying activity comes amid broader market fluctuations, and this particular transaction represents a substantial personal investment by the CEO.