CEO Edward Goldthorpe bought 836 LRFC shares at $17.75; company posted $-5.4M net loss, stock down 26.8% in 90 days.
Edward J. Goldthorpe, President and CEO, purchased 836 shares of LRFC at $17.75 on 2025-05-13, establishing an initial open-market position in the company. The purchase came at a price $0.37 below the current market price of $18.12, but the stock has declined 26.8% over the 90-day period and sits 30.3% below its 52-week high of $26.00. Most significantly, the company reported a net loss of $-5,370,000.00 over its most recent full fiscal year, indicating material operational challenges. Goldthorpe's trade record across all holdings shows only 2 prior open-market purchases, suggesting this is a rare buying activity for him in a context of negative earnings and significant recent price deterioration.
Chief Investment Officer Schafer Patrick buys 281 LRFC shares at $17.69; stock down -30.3% from 52-week high amid $-5.4M net loss.
Schafer Patrick, Chief Investment Officer at Logan Ridge Finance Corp., purchased 281 shares at $17.69 on 2025-05-13, increasing his holdings from 1,108 to 1,389 shares (+25.3%). The purchase occurred as the stock traded -30.3% below its 52-week high of $26.00, while the company reported a net loss of $-5.4M over its most recent full fiscal year. This open-market buy by a CIO represents a modest position increase; the transaction's signal must be weighed against the company's unprofitable fundamentals and the extended pullback from peak valuation, both of which contextualize but do not characterize the insider's motivation.
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