Steven Klinsky Buys 250,495 Shares of New Mountain Finance (NASDAQ:NMFC) Stock
Director Steven Klinsky has purchased 250,495 shares of New Mountain Finance (NASDAQ:NMFC) for approximately $1.99 million, increasing his stake to 4,754,338 shares. Despite a quarterly dividend implying a 15.8% yield, the company's dividend payout ratio is an unsustainably high 853.33%. Analysts have a "Reduce" rating on NMFC with an average price target of $9.25, and institutional investors have also adjusted their positions in the company.
https://www.marketbeat.com/instant-alerts/steven-klinsky-buys-250495-shares-of-new-mountain-finance-nasdaqnmfc-stock-2026-03-05/