NJ State Employees Deferred Compensation Plan Buys New Shares in Sutter Rock Capital Corp. (NASDAQ:SSSS)

NJ State Employees Deferred Compensation Plan bought a new position in shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,000 shares of the company’s stock, valued at approximately $275,000. NJ State Employees Deferred Compensation Plan owned approximately 0.22% of Sutter Rock Capital at the end of the most recent quarter.

Separately, Supplemental Annuity Collective Trust of NJ acquired a new stake in Sutter Rock Capital during the 3rd quarter valued at $624,000. Institutional investors own 19.24% of the company’s stock.

NASDAQ:SSSS traded up $0.06 during trading hours on Friday, reaching $6.76. 101,100 shares of the company traded hands, compared to its average volume of 187,906. The firm’s 50-day simple moving average is $6.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.61 and a current ratio of 0.61. Sutter Rock Capital Corp. has a 1-year low of $4.99 and a 1-year high of $8.39.

Sutter Rock Capital (NASDAQ:SSSS) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.14) EPS for the quarter. Sutter Rock Capital had a net margin of 108.18% and a negative return on equity of 2.11%. The company had revenue of $0.49 million during the quarter. As a group, equities research analysts predict that Sutter Rock Capital Corp. will post 1.02 earnings per share for the current fiscal year.

About Sutter Rock Capital

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.

Further Reading: Gap Down Stocks

Institutional Ownership by Quarter for Sutter Rock Capital (NASDAQ:SSSS)

Receive News & Ratings for Sutter Rock Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sutter Rock Capital and related companies with MarketBeat.com's FREE daily email newsletter.