Two insiders at Prospect Capital Corp. (PSEC) have recently acquired a significant stake in the company, purchasing shares totaling approximately $6.06 million. The transactions occurred on November 9th and 10th, 2026.
Chief Executive Officer John F. Barry was the primary buyer, making two separate purchases. On November 9th, he bought 2,604,262 shares at an average price of $1.51 per share, amounting to $3.93 million. The following day, November 10th, he acquired an additional 1,410,633 shares at the same price, totaling $2.13 million.
This cluster of insider buying, particularly from senior leadership, is often viewed as a strong bullish indicator, suggesting confidence in the company's future prospects.