Pennant Park Investment Corp (PNNT)

• Market cap: $445M
• 1 day: 1.49%
• 5 days: 2.41%
• 1 month: 9.84%
• 3 months: -4.76%
• 6 months: -3.13%
• Year to date: -3.95%
• 1 year: -6.71%
• 5 years: 127.76%
• 10 years: -28.99%
• Sector: Financials
• Industry: Asset Management

About: Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

921% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $104K

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

5% more capital invested

Capital invested by funds: $99.8M [Q3] → $105M (+$5.22M) [Q4]

3% more funds holding

Funds holding: 115 [Q3] → 119 (+4) [Q4]

3% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 34

0.55% more ownership

Funds ownership: 22.17% [Q3] → 22.72% (+0.55%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $6 12% downside
• Avg. target: $6 12% downside
• High target: $6 12% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

JP Morgan Melissa Wedel 57% 1-year accuracy 8 / 14 met price target

12% downside $6

Neutral Maintained

24 Apr 2025