The CEO's first open-market buy since at least the past 30 days (no prior CEO buys in the 30d snapshot) is a strong signal. Monitor for additional insider buying or a catalyst (e.g., earnings, dividend announcement) in the coming weeks.
Price Chart
Executive Summary
Three WhiteHorse Finance insiders, including CEO Stuart Aronson and two directors, made open-market purchases totaling ~$76K over the past week. At ~0.05% of the $150M market cap, the dollar value is modest, but the combination of C-suite participation, cluster buys (which are more informative than sales per the literature), and the cross-filing amplifier verdicts supports a bullish read.
Key Financial Metrics
Key Facts
- CEO Stuart Aronson purchased 7,000 shares at $6.38 for ~$45K on 2026-05-22.
- Director John Bolduc purchased 3,570 shares at $6.76 on 2026-05-29 and another 3,570 shares at $6.81 on 2026-05-28, totaling ~$48K.
- Director John Paul Volpe purchased 1,000 shares at $6.74 for ~$7K on 2026-05-29.
- Total cluster value is ~$76K, representing ~0.05% of the $150M market cap.
- All three trades are open-market purchases (code P) — no 10b5-1 plan or tax-related sales.
Financial Impact
~$76K in insider purchases, ~0.05% of market cap
Risk Factors
- Dollar value is modest relative to market cap — may not move the stock significantly.
- Analyst consensus is heavily bearish (0% bullish, 6 Hold, 5 Sell, 1 Strong Sell) — insider buying could be contrarian but faces headwinds.
- The stock trades near $6.74, below its likely book value (BDC sector typical) — insider buys may reflect value recognition but not a near-term catalyst.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WHF-1780447866129 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | 8-K/A | $7.66 | awaiting T+60 | — | $7.98 (+4.18%) |
Oct 14, 2026 13d ago | Press Release | $7.66 | awaiting T+60 | — | $7.98 (+4.18%) |
Oct 14, 2026 13d ago | 8-K | $7.40 | awaiting T+60 | — | $7.98 (+7.84%) |
Aug 20, 2026 9w ago | EFFECT | $7.02 | awaiting T+60 | — | $7.98 (+13.68%) |
Aug 10, 2026 11w ago | Press Release | $7.15 | awaiting T+60 | — | $7.98 (−11.61%) |
Jul 28, 2026 13w ago | 8-K | $6.48 $7.70 | ▲ +18.83% | ▲ +14.48% | $7.98 (+23.15%) |
Jul 28, 2026 13w ago | Press Release | $6.48 $7.70 | ▲ +18.83% | ▲ +14.48% | $7.98 (+23.15%) |
Jun 18, 2026 18w ago | Insider Cluster | $6.55 $7.32 | ▲ +11.76% | ▲ +10.46% | $7.98 (+21.83%) |
Jun 5, 2026 20w ago | Insider Cluster | $6.68 $7.07 | ▲ +5.84% | ▲ +2.33% | $7.98 (+19.46%) |
Jun 3, 2026 20w ago | Insider Cluster | $6.79 $7.07 | ▲ +4.12% | ▲ +2.24% | $7.98 (+17.53%) |
US Market Status
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