SAR, US80349A2087

CEO buys USD 445,800 of Saratoga Investment stock

Published on 10/21/2026 at 06:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saratoga Investment stock posted USD 0.46 adjusted NII in fiscal second quarter 2027. NAV fell 4.60 percent from USD 23.23 to USD 22.15.

Recent corporate signals

Christian L. Oberbeck bought USD 445,800 of shares in transactions dated October 8 and October 9, 2026.
Adjusted net investment income was USD 0.46 per share against USD 0.49 consensus in fiscal second quarter 2027.
Market capitalization stood at USD 221.1 million, with a 52-week range of USD 13.78 to USD 24.07 as of October 20, 2026.

SAR, US80349A2087, Illustration mit AI erstellt.

Christian L. Oberbeck bought USD 445,800 of Saratoga Investment shares on October 8 and October 9, 2026, according to Investing.com. The CEO acquired 30,000 shares through Saratoga Investment Advisors LLC at weighted-average prices of USD 14.89 and USD 14.83.

Results put credit quality in view

Saratoga Investment's fiscal second quarter 2027 ended August 31, 2026, delivered USD 31.17 million of total investment income and adjusted net investment income of USD 0.46 per share. The result was below the USD 0.49 consensus cited by Investing.com, while total investment income rose 2.00 percent from USD 30.63 million in the year-earlier quarter, according to Saratoga Investment Corp.

The operating picture was mixed. Assets under management increased 2.10 percent sequentially to USD 1.150 billion, but NAV per share declined 4.60 percent from USD 23.23 to USD 22.15. The company also reported a GAAP loss of USD 0.41 per share for fiscal second quarter 2027.

What does the NAV decline mean?

The pressure came alongside portfolio markdowns and higher financing costs. Saratoga Investment reported USD 14.40 million of net realized gains and unrealized depreciation during the quarter, while non-accrual investments represented 0.00 percent of portfolio fair value and 1.30 percent of cost. B. Riley cut its price target from USD 22.00 to USD 20.00 and retained a Neutral rating in an October 8, 2026 note, as reported by Yahoo Finance.

Three dates frame the update

On January 6, 2026, the board extended the share repurchase plan to January 15, 2027; on September 23, 2026, Saratoga Investment priced USD 20.08 million of additional 8.00 percent notes, according to GlobeNewswire; the October 8 and October 9, 2026 insider purchases were the latest event.

Upcoming payment dates

The next two dated company events are the USD 0.25 per share dividend payment on October 22, 2026, and the next monthly USD 0.25 per share payment on November 24, 2026, as listed in the fiscal second-quarter release.

Stock stays near its yearly low

The last NYSE quote stood at USD 14.21 on October 20, 2026 at 4:00 p.m. ET, against a 52-week range of USD 13.78 to USD 24.07. Saratoga Investment had a market capitalization of USD 221.1 million on that date.