GuruFocus - On August 5, 2024, Judy Slotkin, a Director at Sixth Street Specialty Lending Inc (NYSE:TSLX), purchased 7,015 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 18,726 shares of Sixth Street Specialty Lending Inc.
Sixth Street Specialty Lending Inc is a business development company focused on providing flexible, fully committed financing solutions to middle-market companies located in the United States. The company aims to generate both current income and capital appreciation through debt and equity investments.
The shares were acquired at a price of $19.9 per share, valuing the transaction at approximately $139,569.5. This acquisition has increased the insider's stake in the company significantly.
Over the past year, there have been 2 insider buys and 0 insider sells of Sixth Street Specialty Lending Inc stock. The insider transaction history reflects a positive sentiment among the company's directors and executives.
As of the latest transaction, Sixth Street Specialty Lending Inc has a market cap of approximately $1.89 billion. The stock's price-earnings ratio stands at 8.61, which is lower than the industry median of 12.02, suggesting that the stock is trading at a relatively lower valuation compared to its peers.
According to the GF Value, the intrinsic value of the stock is estimated at $26.17, indicating that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.76.
This insider purchase could be seen as a strong vote of confidence in the future prospects of Sixth Street Specialty Lending Inc, considering the insider's increased investment at current price levels.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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