GAIN
Gladstone Investment Corporatio
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Neutral
-10/100
Last price
15.21
▼ 0.33 (2.12%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
16.51
Prev close
15.54
Day high
15.58
Day low
15.38
Volume
132.64K
Market cap
—
P/E (TTM)
3.66
52W range
13.11 – 17.14
Day trading desk
Gap from prior close
+6.27%
Prior close 15.54
VWAP
15.43
-1.40% from price
Relative volume
1.40×
Normal
Session range
8.57%
15.21 – 16.51
Position in range
0%
Near session low
ATR (14D)
0.29
1.90% of price
Prior day high
15.89
PDH
Prior day low
15.52
PDL
Bid / ask spread
—
Quote not published
Session volume
259.70K
Avg 185.82K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-2.72%
-4.7%
1M
-6.10%
-7.3%
3M
-5.87%
-10.4%
6M
+5.05%
-13.1%
YTD
+10.24%
-4.0%
1Y
+10.39%
-6.0%
3Y
+20.88%
-61.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
17 more panels on GAIN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
898.38K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 18, 26 | RITCHIE TAYLOR Chief Financial Officer |
BUY | 1.50K | $24.30K | Direct |
| May 19, 26 | RITCHIE TAYLOR Chief Financial Officer |
BUY | 915 | $14.95K | Direct |
| Oct 10, 24 | DULLUM DAVID A R President |
STOCK | 3.00K | $0 | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DULLUM DAVID A R |
President | — | Stock Gift |
RITCHIE TAYLOR |
Chief Financial Officer | 4.35K | Purchase |
Fundamentals
Market cap—
Enterprise value$1.18B
Revenue (TTM)$103.89M
Gross profit$103.89M
EBITDA—
Net income$165.13M
EPS (TTM)$4.21
Free cash flow$36.24M
Total cash$1.62M
Total debt$570.84M
Book value / share$16.24
Shares outstanding—
Float—
Short % of float1.05%
Dividend yield6.23%
Beta (5Y)0.74
Valuation & profitability ratios
Trailing P/E3.66
Forward P/E15.17
PEG ratio5.41
Price / sales—
Price / book0.95
EV / revenue11.38
EV / EBITDA—
Gross margin100.00%
Operating margin94.39%
Profit margin158.95%
Return on equity29.17%
Return on assets2.41%
Debt / equity88.25
Current ratio0.20
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Total revenue | $177.52M | $61.63M | $79.05M | $32.66M | +188.0% |
| Operating revenue | $177.52M | $61.63M | $79.05M | $32.66M | +188.0% |
| Selling, general & admin | $6.14M | $8.21M | $6.15M | $7.00M | -25.2% |
| Total operating expense | -$7.24M | -$3.69M | -$6.26M | -$2.89M | -96.4% |
| Pre-tax income | $184.75M | $65.32M | $85.31M | $35.55M | +182.8% |
| Net income | $184.75M | $65.32M | $85.31M | $35.55M | +182.8% |
| Net income to common | $184.75M | $65.32M | $85.31M | $35.55M | +182.8% |
| Basic EPS | 4.77 | 1.78 | 2.47 | 1.07 | +168.0% |
| Diluted EPS | 4.77 | 1.78 | 2.47 | 1.07 | +168.0% |
| Basic shares | 38.71M | 36.74M | 34.47M | 33.31M | +5.4% |
| Diluted shares | 38.71M | 36.74M | 34.47M | 33.31M | +5.4% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.16M | $14.30M | $2.46M | $2.68M | -91.9% |
| Total assets | $1.32B | $1.01B | $938.08M | $765.64M | +31.4% |
| Total debt | $564.47M | $455.71M | $398.35M | $292.61M | +23.9% |
| Total liabilities | $654.62M | $507.32M | $445.37M | $325.90M | +29.0% |
| Retained earnings | $181.47M | $53.53M | -$19.56M | -$5.53M | +239.0% |
| Shareholder equity | $668.23M | $499.08M | $492.71M | $439.74M | +33.9% |
| Net tangible assets | $668.23M | $499.08M | $492.71M | $439.74M | +33.9% |
| Shares issued | 39.82M | 36.84M | 36.69M | 33.59M | +8.1% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | $184.75M | $65.32M | $85.31M | $35.55M | — | +182.8% |
| Change in working capital | $38.54M | $5.35M | $9.68M | $2.27M | — | +620.1% |
| Operating cash flow | -$101.61M | $16.31M | -$69.94M | -$4.50M | — | -723.1% |
| Share buybacks | — | — | $0 | $0 | -$94.37M | — |
| Dividends paid | -$57.16M | -$60.95M | -$76.06M | -$47.05M | — | +6.2% |
| Financing cash flow | $88.84M | -$4.37M | $69.91M | -$6.74M | — | +2,131.1% |
| Free cash flow | -$101.61M | $16.31M | -$69.94M | -$4.50M | — | -723.1% |
| End cash position | $2.38M | $15.15M | $3.22M | $3.25M | — | -84.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | -$13.21M | $80.65M | $64.20M | $26.48M | $6.19M | -116.4% |
| Operating revenue | -$13.21M | $80.65M | $64.20M | $26.48M | $6.19M | -116.4% |
| Selling, general & admin | $1.75M | $1.43M | $1.70M | $1.43M | $1.57M | +22.8% |
| Total operating expense | -$1.36M | -$1.73M | -$1.70M | -$2.23M | -$1.59M | +21.5% |
| Pre-tax income | -$11.86M | $82.37M | $65.90M | $28.71M | $7.77M | -114.4% |
| Net income | -$11.86M | $82.37M | $65.90M | $28.71M | $7.77M | -114.4% |
| Net income to common | -$11.86M | $82.37M | $65.90M | $28.71M | $7.77M | -114.4% |
| Basic EPS | -0.30 | — | 1.66 | 0.75 | 0.21 | — |
| Diluted EPS | -0.30 | — | 1.66 | 0.75 | 0.21 | — |
| Basic shares | 39.82M | — | 39.68M | 38.45M | 36.91M | — |
| Diluted shares | 39.82M | — | 39.68M | 38.45M | 36.91M | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.62M | $1.16M | $1.38M | $1.43M | $4.12M | +40.4% |
| Total assets | $1.30B | $1.32B | $1.24B | $1.14B | $1.05B | -1.5% |
| Total debt | $570.84M | $564.47M | $571.84M | $555.03M | $518.63M | +1.1% |
| Total liabilities | $656.20M | $654.62M | $641.21M | $608.60M | $568.61M | +0.2% |
| Retained earnings | $160.36M | $181.47M | $108.70M | -$20.09M | -$5.15M | -11.6% |
| Shareholder equity | $646.81M | $668.23M | $595.41M | $535.84M | $485.30M | -3.2% |
| Net tangible assets | $646.81M | $668.23M | $595.41M | $535.84M | $485.30M | -3.2% |
| Shares issued | 39.82M | 39.82M | 39.82M | 39.59M | 37.35M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$11.86M | $82.37M | $65.90M | $28.71M | $7.77M | -114.4% |
| Change in working capital | -$8.33M | $20.10M | $16.15M | $3.83M | -$1.54M | -141.4% |
| Operating cash flow | $8.06M | $16.82M | -$7.59M | -$60.66M | -$50.18M | -52.1% |
| Dividends paid | -$9.56M | -$9.56M | -$9.53M | -$9.29M | -$28.79M | 0.0% |
| Financing cash flow | -$6.86M | -$17.33M | $8.24M | $57.54M | $40.38M | +60.4% |
| Free cash flow | $8.06M | $16.82M | -$7.59M | -$60.66M | -$50.18M | -52.1% |
| End cash position | $3.59M | $2.38M | $2.90M | $2.24M | $5.36M | +50.6% |
Options analytics
Put / call volume
0.22
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
2.50
-83.8% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-18.7%
Calls bid over puts
Call volume
119
Contracts, this expiry
Put volume
26
Contracts, this expiry
Heaviest call OI
30.00
50 contracts
Heaviest put OI
2.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.22 | 0.40 | +79.8% |
| Mar 2026 | 0.21 | — | — |
| Dec 2025 | 0.23 | -0.16 | -170.3% |
| Sep 2025 | 0.23 | 0.11 | -51.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.21 | 4 | $25.92M | +2.5% |
| Next quarter | 0.21 | 4 | $26.51M | +5.8% |
| Current year | 1.01 | 4 | $107.82M | — |
| Next year | 1.02 | 4 | $114.46M | +6.2% |
Analyst targets & ownership
Mean target$17.00
High target$17.00
Low target$17.00
Implied upside11.77%
Analyst count3
ConsensusNONE
Strong buy / Buy0 / 3
Hold1
Sell / Strong sell0 / 0
Held by insiders2.26%
Held by institutions17.89%
Institutions holding113
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
15.66
-2.86% from price
SMA 20
15.81
-2.57% from price
SMA 50
16.17
-4.77% from price
SMA 100
15.99
-4.86% from price
SMA 200
15.24
+1.05% from price
EMA 12
15.69
-3.07% from price
EMA 26
15.87
-4.16% from price
EMA 50
15.98
-4.82% from price
RSI (14)
34.6
Neutral
MACD (12,26,9)
-0.18
Hist -0.02
ATR (14)
0.29
1.88% of price
Realised vol 30D
11.7%
Annualised
Bollinger upper
16.18
20, 2σ
Bollinger lower
15.43
20, 2σ
50 / 200 cross
Golden
16.17 vs 15.24
Trend bias
Above 200
+1.05%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.49
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
11.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.4%
Peak to trough
Max drawdown 5Y
-31.1%
Peak to trough
ATR 14
0.29
1.88% of price
Beta (reported)
0.74
5Y monthly, from filing
Short interest
Shares short
407.92K
Prior 451.56K
Change vs prior
-9.7%
Shorts covering
% of float
1.05%
Normal
% of shares out
1.02%
Against total outstanding
Days to cover
2.3
Liquid
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 14, 26 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| Feb 4, 26 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| Sep 5, 25 | Clear Street | INITIATED | — | Buy |
| May 14, 25 | Ladenburg Thalmann | DOWNGRADE | Buy | Neutral |
| Nov 11, 24 | B. Riley Securities | MAINTAINED | Neutral | Neutral |
| Aug 7, 24 | B. Riley Securities | MAINTAINED | Neutral | Neutral |
| May 10, 24 | B. Riley Securities | MAINTAINED | Neutral | Neutral |
| May 9, 24 | Ladenburg Thalmann | DOWNGRADE | Buy | Neutral |
| May 15, 23 | Oppenheimer | MAINTAINED | Perform | Perform |
| Nov 2, 22 | Ladenburg Thalmann | UPGRADE | Neutral | Buy |
| Apr 21, 21 | Oppenheimer | INITIATED | — | Perform |
| Feb 6, 20 | Wedbush | DOWNGRADE | Outperform | Neutral |
Dividends & splits
Forward rate$0.96 / yr
Forward yield6.23%
5-year avg yield6.56%
Payout ratio22.80%
Ex-dividend dateSep 21, 2026
Next pay dateSep 30, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-10-01
Corporate Changes & Voting Matters
8-K · 2026-09-04
Corporate Changes & Voting Matters
8-K · 2026-08-06
Proxy Statements
DEFA14A · 2026-07-14
Corporate Changes & Voting Matters
8-K · 2026-07-08
Proxy Statements
DEF 14A · 2026-06-18
Corporate Changes & Voting Matters
8-K · 2026-06-11
Corporate Changes & Voting Matters
8-K · 2026-06-02
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.