PhenixFIN Co. (NYSE:PFX) recently experienced significant insider and institutional investment activity, alongside consistent stock performance metrics. CEO David A. Lorber was involved in two separate stock acquisition transactions. On Wednesday, June 18th, Mr. Lorber acquired 300 shares of the firm's stock at an average price of $49.56 per share, totaling $14,868.00. Following this purchase, his direct ownership increased to 143,145 shares, valued at $7,094,266.20, representing a 0.21% increase in his position. Another transaction occurred on Monday, June 16th, when Mr. Lorber bought 700 shares at an average cost of $47.91 per share, for a total of $33,537.00. After this acquisition, his direct ownership was reported as 142,845 shares, valued at approximately $6,843,703.95, marking a 0.49% increase in his stock ownership. Both transactions were duly disclosed in filings with the SEC.

The company's stock exhibited specific trading patterns during recent periods. On a recent Wednesday trading day, shares of PFX traded down $0.08, settling at $49.89. The company's trading volume was recorded at 797 shares, notably below its average volume of 1,963 shares. PhenixFIN Co. has experienced a one-year low of $44.56 and a one-year high of $57.40. From a financial health perspective, the company holds a debt-to-equity ratio of 0.87, a current ratio of 1.21, and a quick ratio of 1.21. Its 50-day simple moving average stands at $49.92, while its two-hundred day simple moving average is $50.35. The firm currently possesses a market capitalization of $100.77 million, a PE ratio of 6.12, and a beta of 0.32.

Institutional investors and hedge funds have actively modified their holdings in PhenixFIN. Raymond James Financial Inc., Bulldog Investors LLP, and Crossingbridge Advisors LLC all acquired new stakes in PhenixFIN during the fourth quarter. Adalta Capital Management LLC reported two distinct increases in its holdings: one report indicated an 8.3% increase during the first quarter, involving the acquisition of an additional 12,925 shares, which brought its total to 168,449 shares valued at $8,931,000. Another report stated a 4.0% increase in the fourth quarter, with Adalta Capital Management LLC acquiring an additional 5,921 shares, resulting in a total of 155,524 shares valued at $7,777,000. Collectively, institutional investors and hedge funds own 43.35% of PhenixFIN's stock.

PhenixFIN Corporation functions as a business development company (BDC), specializing in investing in privately negotiated debt and equity securities of small and middle-market companies. Its investment portfolio spans a wide array of sectors, including business services, buildings and real estate, automobile, oil and gas, aerospace and defense, home and office furnishings, housewares, durable consumer products, healthcare, education and childcare, personal, food, and miscellaneous services, retail stores, diversified or conglomerate manufacturing, telecommunications, mining, steel, iron, non-precious metals, leisure, amusement, motion pictures, entertainment, chemicals, plastics, rubber, finance, personal and nondurable consumer products (manufacturing only), beverage, food, tobacco, containers, packaging, glass, structure finance securities, machinery (non-agriculture, non-construction, non-electric), diversified or conglomerate service, restaurant and franchise, electronics, and cargo transport. This instant news alert was generated using narrative science technology and financial data from MarketBeat to ensure rapid and precise reporting.