Are Things Looking Up For BlackRock Technology and Private Equity Term Trust (NYSE: BTX)?

After Hours

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.

Stocks Info

The company is listed on the NYSE and operates within the Asset Management industry segment. The current market capitalization of BlackRock Technology and Private Equity Term Trust is $1.59B. A total of 0.67 million shares were traded on the day, compared to an average of 653.20K 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. BlackRock Technology and Private Equity Term Trust pays an annual dividend of $1.03, resulting in a dividend yield of 13.83%, and it has a price to earnings (P/E) ratio of 43.76.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

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. 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.

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