What Are The Chances Of BlackRock Technology and Private Equity Term Trust (NYSE: BTX) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, BTX falls under the Financial sector while operating within the Asset Management industry segment. The current market capitalization of BlackRock Technology and Private Equity Term Trust is $1.49B. A total of 0.78 million shares were traded on the day, compared to an average of 713.64K shares.

In the most recent transaction, Saba Capital Management, L.P. bought 59,630 shares of BTX for 7.69 per share on Jan 07 ’25. After the transaction, the 10% Owner now owns 60,675,395 company shares. In a previous transaction on Jan 06 ’25, Saba Capital Management, L.P. bought 282,123 shares at 7.72 per share. BTX shares that 10% Owner owns now total 60,615,765.

Among the insiders who bought shares, Saba Capital Management, L.P. acquired of 106,617 shares on Jan 02 ’25 at a per-share price of $7.46. This resulted in the 10% Owner holding 60,262,743 shares of BTX after the transaction. In another insider transaction, Saba Capital Management, L.P. bought 70,899 shares at $7.57 per share on Jan 03 ’25. Company shares held by the 10% Owner now total 60,333,642.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. BlackRock Technology and Private Equity Term Trust pays an annual dividend of $1.04, resulting in a dividend yield of 14.86%, and it has a price to earnings (P/E) ratio of 41.06. BTX’s most recent ex-dividend date was when it declared a $0.0862 quarterly dividend that was paid in cash on 3/14/2025.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, BTX has a high of $8.31 and a low of $5.10.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BTX is Buy with a score of 3.00.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.