Director purchase
Bruce R. Bilger, a director of Stellus Capital Investment Corp (NASDAQ: SCM), bought a total of 45,490 shares of the company's common stock on March 13, 2026. The acquisitions were completed in four separate trades at weighted average prices between $8.70 and $8.76 per share, for an aggregate transaction value of $397,491.
Post-transaction holdings and market context
After the transactions were recorded, Bilger directly holds 228,055 shares of Stellus Capital Investment Corp. At the time of the report the stock was trading at $9.14, positioned just above its 52-week low of $8.43. The share price had fallen about 9% over the prior week.
Income profile noted
According to InvestingPro data cited in company information, Stellus Capital’s shares carry a 15.6% dividend yield and the company has paid dividends for 15 consecutive years. InvestingPro also offers a Pro Research Report for this stock and more than 1,400 other U.S. equities for investors seeking additional insider-activity details and analysis.
Q4 2025 performance and analyst reaction
Stellus Capital Investment Corporation reported fourth-quarter 2025 results that fell short of expectations. The company posted earnings per share of $0.29, compared with an expected $0.3083, representing a -5.94% earnings surprise. Revenue for the quarter was $25.21 million versus the projected $26.35 million, a -4.33% shortfall.
In response to these results and related trends, Keefe, Bruyette & Woods reduced its price target for Stellus Capital to $9.00 from $13.00 while keeping a Market Perform rating on the stock. The firm cited a declining net asset value and worsening credit conditions as the basis for the adjustment.
NAV movement and dividend dynamics
Stellus Capital’s net asset value declined by 2% in the period, which the company said was partially driven by earnings that were below the dividend level.
Bottom line
The director purchase and the company’s recent earnings and NAV developments have been noted by investors and analysts. For those seeking more detailed insider-transaction data and comprehensive research, the InvestingPro Pro Research Report is available for this stock and a broad universe of U.S. equities.