A Major Shareholder at WhiteHorse (NASDAQ: WHF) is Selling Shares

By Carrie Williams

Today, a Major Shareholder at WhiteHorse (NASDAQ: WHF), MNAYMNEH SAMI, sold shares of WHF for $13.5M.

This is SAMI’s first Sell trade following 13 Buy transactions. Following MNAYMNEH SAMI’s last WHF Sell transaction on November 27, 2015, the stock climbed by 4.6%.

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Based on WhiteHorse’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $14.73 million and quarterly net profit of $19.05 million. In comparison, last year the company earned revenue of $14.29 million and had a net profit of $7.28 million. WHF’s market cap is $286.4M and the company has a P/E ratio of 5.68. Currently, WhiteHorse has an average volume of 28.78K.

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WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States.