Saratoga Investment (SAR) CEO and Director L Buys $222K of Stock

Christian Oberbeck, the Chief Executive Officer of Saratoga Investment Corp. (NYSE: SAR), bought 15,000 shares on October 9, 2026, at a price of $14.83 each. This purchase is valued at approximately $222,450. This transaction was not pre-arranged under a Rule 10b5-1 plan.

Other Institutional Activity in Saratoga Investment Corp.

Several other institutional investors have also made moves with Saratoga Investment shares. Legal & General Group PLC increased its holdings by 18,293 shares, bringing its total to 141,229 shares worth about $2.16 million. Advisors Asset Management, Inc. added 15,012 shares, ending with 121,635 shares valued at around $1.86 million. Meanwhile, Private Advisor Group, LLC reduced its stake by 18,463 shares, leaving it with 146,681 shares worth about $2.25 million.

Saratoga Investment Corp. Stock Up 0.3%

Saratoga Investment shares are currently trading around $15.26 as of October 16, 2026. This is significantly below its 50-day moving average of $17.56 and its 200-day average of $21.03. The stock is also 36.6% below its 52-week high of $24.07 but is 10.7% above its 52-week low of $13.78.

Recent Earnings

Saratoga Investment Corp. reported trailing twelve-month revenue of $124.7 million and an EPS of -$0.28. The company's return on equity stands at -1.1%, and its net margin is -3.4%. The next earnings report is scheduled for January 6, 2027.

Dividend

Saratoga Investment Corp. offers a dividend rate of $3.00 per share, resulting in a dividend yield of 19.71%. The payout ratio is notably high at 306.1%.

Analysts Set New Price Targets

On October 8, 2026, B. Riley Securities maintained its Neutral rating on Saratoga Investment with a price target of $20.00, down from a prior target of $22.00. This follows a previous rating on July 9, where they also maintained a Neutral rating but with a $22.00 target. Oppenheimer also kept its Perform rating with a target of $21.00, reduced from $22.00.

About Saratoga Investment Corp.

Saratoga Investment Corp. is a business development company that focuses on financing middle-market companies. It specializes in leveraged buyouts, growth financing, and transitional financing, which positions it to capitalize on various market opportunities.

Bottom Line

Investors will be watching Saratoga Investment as it approaches its next earnings date on January 6, 2027. With shares trading below key moving averages and a high dividend yield, the market will be keen to see how the company performs in the coming months.