WhiteHorse Finance (NASDAQ:WHF) Director Acquires $48,266.40 in Stock

May 30, 2026 by InsiderTrades.com

Key Points

Director John Bolduc bought 7,140 shares of WhiteHorse Finance on May 29 at an average price of $6.76, spending $48,266.40 and increasing his direct ownership by 2.48% to 295,327 shares.
WHF recently missed quarterly expectations, reporting EPS of $0.26 versus the $0.28 consensus and revenue of $15.90 million versus $16.35 million expected.
The company declared a quarterly dividend of $0.25 per share, payable July 6, which annualizes to $1.00 per share and implies a high yield of 14.9%.

WhiteHorse Finance, Inc. (NASDAQ:WHF - Get Free Report) Director John Bolduc purchased 7,140 shares of the company's stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average cost of $6.76 per share, with a total value of $48,266.40. Following the purchase, the director directly owned 295,327 shares of the company's stock, valued at $1,996,410.52. This trade represents a 2.48% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

John Bolduc also recently made the following trade(s):

On Wednesday, May 27th, John Bolduc purchased 7,140 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $6.90 per share, with a total value of $49,266.00.
On Monday, March 16th, John Bolduc purchased 8,390 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $7.12 per share, with a total value of $59,736.80.
On Thursday, March 12th, John Bolduc purchased 8,390 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $7.14 per share, with a total value of $59,904.60.
On Friday, March 6th, John Bolduc purchased 8,276 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $7.25 per share, with a total value of $60,001.00.
On Thursday, March 5th, John Bolduc purchased 8,392 shares of WhiteHorse Finance stock. The stock was acquired at an average cost of $7.12 per share, with a total value of $59,751.04.

WhiteHorse Finance Stock Performance

Shares of WHF stock opened at $6.69 on Friday. The stock has a fifty day moving average of $7.33 and a 200 day moving average of $7.10. WhiteHorse Finance, Inc. has a 52 week low of $6.07 and a 52 week high of $9.66. The firm has a market capitalization of $144.57 million, a price-to-earnings ratio of 16.32 and a beta of 0.41. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 1.30.

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The investment management company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.02). WhiteHorse Finance had a return on equity of 9.47% and a net margin of 13.46%.The business had revenue of $15.90 million during the quarter, compared to analysts' expectations of $16.35 million. As a group, research analysts expect that WhiteHorse Finance, Inc. will post 1.03 earnings per share for the current year.

WhiteHorse Finance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, May 21st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.00 dividend on an annualized basis and a yield of 14.9%. WhiteHorse Finance's dividend payout ratio (DPR) is presently 243.90%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised WhiteHorse Finance from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, May 19th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, WhiteHorse Finance currently has a consensus rating of "Reduce" and an average price target of $7.75.

Check Out Our Latest Report on WhiteHorse Finance

Hedge Funds Weigh In On WhiteHorse Finance

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in WhiteHorse Finance during the third quarter valued at $26,000. Kestra Advisory Services LLC purchased a new position in WhiteHorse Finance during the fourth quarter valued at $44,000. HUB Investment Partners LLC purchased a new position in WhiteHorse Finance during the third quarter valued at $75,000. Norden Group LLC purchased a new position in WhiteHorse Finance during the fourth quarter valued at $76,000. Finally, Oxford Asset Management LLP purchased a new position in WhiteHorse Finance during the second quarter valued at $105,000. Hedge funds and other institutional investors own 13.20% of the company's stock.

About WhiteHorse Finance

(Get Free Report)

WhiteHorse Finance Corporation (NASDAQ: WHF) is a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. The firm's primary objective is to generate current income and, to a lesser extent, capital appreciation by making debt and equity investments in privately held middle-market companies. WhiteHorse Finance seeks to partner with established businesses across a range of industries, providing flexible financing solutions designed to support growth initiatives, acquisitions and recapitalizations.

The company's investment portfolio predominantly comprises senior secured loans, second-lien debt, subordinated debt and select equity interests.