Insider Buying: WhiteHorse Finance (NASDAQ:WHF) Director Acquires $99,816.20 in Stock

June 19, 2026 by InsiderTrades.com

Key Points

WhiteHorse Finance director John Bolduc bought 15,380 shares on June 18 at an average price of $6.49, spending about $99,816. His ownership rose by 5.09% to 317,297 shares.
Bolduc has been actively buying shares recently, with multiple purchases in late May and early June totaling several additional blocks of 7,140 shares each.
The stock is trading near its 52-week low and the company recently reported mixed results, missing quarterly EPS and revenue estimates while also maintaining a high dividend yield of 15.5%.

WhiteHorse Finance, Inc. (NASDAQ:WHF - Get Free Report) Director John Bolduc purchased 15,380 shares of the business's stock in a transaction on Thursday, June 18th. The shares were purchased at an average cost of $6.49 per share, for a total transaction of $99,816.20. Following the transaction, the director owned 317,297 shares of the company's stock, valued at $2,059,257.53. This trade represents a 5.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

On Friday, June 5th, John Bolduc acquired 7,140 shares of WhiteHorse Finance stock. The stock was purchased at an average price of $6.76 per share, for a total transaction of $48,266.40.
On Monday, June 1st, John Bolduc purchased 7,140 shares of WhiteHorse Finance stock. The shares were purchased at an average cost of $6.88 per share, with a total value of $49,123.20.
On Friday, May 29th, John Bolduc purchased 7,140 shares of WhiteHorse Finance stock. The stock was bought at an average price of $6.76 per share, with a total value of $48,266.40.
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, for a total transaction of $49,266.00.

WhiteHorse Finance Trading Up 0.6%

WhiteHorse Finance stock opened at $6.45 on Friday. WhiteHorse Finance, Inc. has a 52 week low of $6.07 and a 52 week high of $9.28. The stock has a 50-day moving average price of $7.15 and a 200 day moving average price of $7.06. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 1.30. The stock has a market cap of $139.38 million, a PE ratio of 15.73 and a beta of 0.37.

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

WhiteHorse Finance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, May 21st will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 15.5%. The ex-dividend date is Thursday, May 21st. WhiteHorse Finance's dividend payout ratio is 243.90%.

Institutional Investors Weigh In On WhiteHorse Finance

Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new stake in WhiteHorse Finance in the 3rd quarter valued at approximately $26,000. Kestra Advisory Services LLC bought a new position in WhiteHorse Finance during the 4th quarter valued at $44,000. HUB Investment Partners LLC acquired a new position in shares of WhiteHorse Finance during the 3rd quarter valued at $75,000. Norden Group LLC bought a new stake in shares of WhiteHorse Finance in the 4th quarter worth $76,000. Finally, Oxford Asset Management LLP acquired a new stake in shares of WhiteHorse Finance in the second quarter valued at $105,000. Institutional investors own 13.20% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded WhiteHorse Finance from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $7.75.

View Our Latest Analysis on WHF

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.