Insider Selling: Sound Point Meridian Capital (NYSE:SPMC) Major Shareholder Sells $65,282.22 in Stock

January 28, 2026 by InsiderTrades.com

Key Points

Major insider sale: Guaranty Ltd Assured sold 4,562 SPMC shares on Jan. 27 at $14.31 for $65,282.22, leaving it with 5,269,690 shares (a 0.09% reduction) per an SEC Form 4 filing.
The holder has repeatedly trimmed its position in January, selling 10,464 shares across five trades from Jan. 12–27 for roughly $151,600 total, indicating ongoing insider selling activity.
Company context: SPMC pays a monthly $0.25 dividend (ex-dividend Mar. 16) implying a 21.1% yield and a 1,500% payout ratio; the stock trades near $14.21 with a $291.2M market cap and an average analyst target of $18.90 (consensus "Hold").

Sound Point Meridian Capital, Inc. (NYSE:SPMC - Get Free Report) major shareholder Guaranty Ltd Assured sold 4,562 shares of Sound Point Meridian Capital stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $14.31, for a total transaction of $65,282.22. Following the transaction, the insider directly owned 5,269,690 shares in the company, valued at approximately $75,409,263.90. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Guaranty Ltd Assured also recently made the following trade(s):

On Friday, January 23rd, Guaranty Ltd Assured sold 305 shares of Sound Point Meridian Capital stock. The stock was sold at an average price of $14.29, for a total value of $4,358.45.
On Wednesday, January 14th, Guaranty Ltd Assured sold 1,650 shares of Sound Point Meridian Capital stock. The shares were sold at an average price of $14.48, for a total value of $23,892.00.
On Tuesday, January 13th, Guaranty Ltd Assured sold 165 shares of Sound Point Meridian Capital stock. The shares were sold at an average price of $14.50, for a total value of $2,392.50.
On Monday, January 12th, Guaranty Ltd Assured sold 3,782 shares of Sound Point Meridian Capital stock. The stock was sold at an average price of $14.72, for a total value of $55,671.04.
On Monday, November 17th, Guaranty Ltd Assured sold 102 shares of Sound Point Meridian Capital stock. The stock was sold at an average price of $16.40, for a total value of $1,672.80.

Sound Point Meridian Capital Price Performance

Shares of SPMC stock opened at $14.21 on Wednesday. The stock's 50-day moving average is $14.15 and its 200 day moving average is $16.29. Sound Point Meridian Capital, Inc. has a 1-year low of $13.06 and a 1-year high of $22.30. The company has a market cap of $291.20 million, a P/E ratio of 71.04 and a beta of 0.32.

Sound Point Meridian Capital (NYSE:SPMC - Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.02). The business had revenue of $20.23 million for the quarter, compared to analyst estimates of $20.45 million.

Sound Point Meridian Capital Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 21.1%. Sound Point Meridian Capital's dividend payout ratio is presently 1,500.00%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SPMC shares. B. Riley reduced their price target on Sound Point Meridian Capital from $23.00 to $16.00 and set a "buy" rating on the stock in a research report on Thursday, November 20th. Industrial Alliance Securities set a $18.50 target price on Sound Point Meridian Capital in a research note on Thursday, November 13th. Zacks Research lowered Sound Point Meridian Capital from a "hold" rating to a "strong sell" rating in a research report on Friday, November 21st. Compass Point set a $20.00 price target on Sound Point Meridian Capital in a report on Tuesday, September 30th. Finally, Oppenheimer set a $20.00 price target on Sound Point Meridian Capital in a research note on Monday, December 1st. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $18.90.

Check Out Our Latest Stock Analysis on SPMC

Hedge Funds Weigh In On Sound Point Meridian Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC acquired a new stake in shares of Sound Point Meridian Capital during the third quarter worth about $267,000. Everest Management Corp. purchased a new position in Sound Point Meridian Capital during the 2nd quarter worth approximately $1,303,000. Marshall Wace LLP lifted its stake in Sound Point Meridian Capital by 35.4% during the 2nd quarter. Marshall Wace LLP now owns 77,152 shares of the company's stock valued at $1,379,000 after acquiring an additional 20,163 shares during the period. Finally, Kim LLC purchased a new stake in shares of Sound Point Meridian Capital in the 2nd quarter valued at $192,821,000.

Sound Point Meridian Capital Company Profile

(Get Free Report)

Sound Point Meridian Capital Inc is an externally managed, non-diversified closed-end management investment company. Its investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation equity and mezzanine tranches. Sound Point Meridian Capital Inc is based in NEW YORK.