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EdgarHawk

Briones Jose A

Director

Director

Latest: Director buying · May 2026

9 filings analyzed · 2 companies · Latest 2026-05-12

Companies

Company Buys Sells Direction
PennantPark Floating Rate Capital Ltd. PFLT 5 0 Net buying
PENNANTPARK INVESTMENT CORP PNNT 4 0 Net buying

Activity

May 2026
Buy
5,770 shares
$50,020
Significance 6/10

Director Briones purchases 5,770 shares at market; 23rd open-market buy in 36 months with mixed prior timing.

Director Jose A. Briones has made his 23rd open-market purchase in the past three years, acquiring over 5,700 shares at current market prices while the stock trades well below its 52-week high. This represents a continuation of a buying pattern rather than a singular bold move, though his prior purchases at this company show mixed timing results—roughly four out of five of his previous buys saw the stock rise in the following months, while one did not, suggesting he has been somewhat successful but not consistently prescient at catching bottoms in this stock. PennantPark remains a profitable company generating substantial quarterly earnings, providing a fundamental backdrop of financial stability for these purchases. The stock's recent gain over the past month contrasts with weakness over the prior quarter, leaving the company's near-term direction uncertain despite the insider's persistent accumulation. Briones' willingness to keep buying despite mixed prior outcomes could reflect either conviction or simply adherence to a systematic accumulation plan, but the lack of new operational developments makes this difficult to interpret as a strong directional signal.

February 2026
Buy
5,895 shares
$49,990
Significance 5/10

PFLT Director Briones buys 5,895 shares at $8.48; stock down 28.4% YTD, now trading $8.18, company posts -$3.6M loss

On 2026-02-19, Director Jose A Briones purchased 5,895 shares of PennantPark Floating Rate Capital Ltd. at $8.48, expanding his holdings to 342,313 shares from 336,418 shares. The stock is currently priced at $8.18, down 28.4% from its 52-week high of $11.42, and has declined 13.9% over the prior 30 days. The company reported a net income of -$3,578,000.00 in recent financials. Briones' cross-ticker track record shows a 77.78% 90-day win rate with an average 90-day return of +4.0%, but at PFLT specifically, his timing has been mixed: 2 of 4 prior completed trades at this ticker showed positive 90-day returns. The purchase occurs at a depressed price point relative to recent highs and amid fundamental headwinds, though Briones continues to accumulate shares despite near-term weakness.

December 2025
medium
Buy
4,235 shares
$25,016
Significance 6/10

Director Briones buys 4,235 shares of PNNT at $5.91; prior 5 trades at this ticker all well-timed at 90-day mark.

Briones Jose A, a Director of Pennant Park Investment Corp, purchased 4,235 shares at $5.91 on 2025-12-01, expanding his holdings from 270,487 to 274,722 shares. The purchase occurs against a backdrop of recent price weakness: the stock trades at $5.74, down -22.8% from its 52-week high and down -11.6% over the past 30 days. Notably, Briones' prior 5 trades at PNNT show a consistent pattern of well-timed buys at the 90-day mark, with positive 90-day returns on all five occasions (ranging from +5.2% to +8.5%), suggesting disciplined entry timing specific to this holding. The fundamentals remain modest but stable, with a P/E of 10.44 and net income of $8,150,000.00. This transaction represents the sixth buy by this director at PNNT within a relatively concentrated window, with his cross-ticker track record across all holdings showing a 73.68% 90-day win rate and average 90-day return of +3.7%.

Buy
5,500 shares
$50,044
Significance 6/10

Director Jose A Briones buys 5,500 shares of PFLT at $9.10; stock now $9.41, down 17.6% from 52-week high.

Director Jose A Briones purchased 5,500 shares at $9.10, bringing his holdings to 336,418 shares post-transaction. The stock is trading at $9.41 (current), approximately 17.6% below the 52-week high of $11.42, while up 2.3% over the prior 30 days. His prior trades at this ticker show mixed 90-day results: 2 of 5 prior buys were well-timed at the 90-day mark, but the historical pattern lacks consistency—most recently, his May 2025 buys posted modest positive 90-day returns of 1.3% and 2.0%, while earlier 2024 purchases saw 90-day declines of 0.6%, 2.6%, and 5.6%. At the cross-ticker level, Briones's track record spans 20 prior buys with a 73.68% 90-day win rate and average 90-day return of 3.7%, establishing a stronger baseline pattern. PFLT fundamentals show net income of $19,298,000.00 with a P/E of 20.91 and market cap of $933,640,401.36. The purchase comes as the stock recovers from recent weakness, though his same-ticker timing history at PFLT offers limited predictive clarity.

May 2025
medium
Buy
1,515 shares
$9,985
Significance 6/10

Director Briones buys 1,515 shares of PNNT at $6.59; 4 of 4 prior buys at ticker well-timed at 90-day mark; P/E 9.03.

Director Jose A Briones purchased 1,515 shares at $6.59 on 2025-05-21, extending his holdings to 270,487 shares post-transaction. This buy follows a strong pattern: his prior 4 measurable trades at PNNT all delivered positive 90-day returns (ranging from +5.2% to +8.0%), with all 4 trades well-timed. His cross-ticker track record shows 19 prior buys averaging +5.2% over 90 days with a 68.75% win rate. The stock currently trades at $6.59 (entry price), down 16.5% from its 52-week high of $7.89 but up 3.4% over the past 30 days. PNNT trades at a P/E of 9.03 on net income of $9.5M and a market cap of $430.3M. The timing of this purchase—just seven days after a prior buy on 2025-05-14—suggests continued conviction at current valuations.

Buy
1,480 shares
$14,995
Significance 4/10

Director Briones Jose A bought 1,480 shares of PFLT at $10.13 on 2025-05-21; stock now $10.07, -15.7% from 52-week high.

Briones Jose A, a Director, purchased 1,480 shares of PennantPark Floating Rate Capital Ltd. at $10.13 on 2025-05-21, adding to holdings that now total 330,918 shares. The transaction occurred after a 90-day decline of -9.8% and while the stock trades -15.7% below its 52-week high of $11.94. His prior three measurable trades at PFLT did not produce well-timed buys at the 90-day mark (0 of 3 prior buys showed positive 90-day returns), suggesting this ticker has not historically rewarded his timing decisions. Against this same-ticker pattern, his broader cross-ticker track record shows 19 prior buys with a 68.75% win rate and +5.2% average 90-day return, indicating modestly better outcomes at other securities. The purchase occurs at depressed valuations relative to recent trading range, but the timing against his specific PFLT history offers limited confidence in near-term recovery.

high
Buy
3,640 shares
$25,043
Significance 7/10

Director Briones buys 3,640 shares of PNNT at $6.88; cross-ticker track record shows +5.2% 90d return avg with 68.75% win rate.

Briones, a PNNT director, purchased 3,640 shares at $6.88 on 2025-05-14, growing his holdings to 269.0K shares (+1.4%). His cross-ticker buy track record shows an average 90-day return of +5.2% with a 68.75% win rate across 17 prior open-market buys. At this specific ticker, his 5 prior buys all demonstrated positive 90-day returns (ranging +5.2% to +9.6%), indicating a pattern of well-timed purchases at PNNT. The current stock price of $6.81 is 13.7% below the 52-week high and has risen 9.8% over the past 30 days, placing the purchase within a near-term recovery context. With a P/E of 9.33 and net income of $9.5M supporting a $444.7M market cap, the fundamentals reflect a modestly valued micro-cap investment company whose director continues to accumulate shares at levels consistent with his prior successful entry points.

Buy
9,840 shares
$99,925
Significance 4/10

Director Briones buys 9,840 PFLT shares at $10.16; stock up 7.9% over 30 days but down 14.3% from 52-week high.

Director Jose A Briones purchased 9,840 shares at $10.16, increasing his holdings by 3.1% to 329,438 shares. The stock has recovered 7.9% over the past 30 days but remains 14.3% below its 52-week high of $11.94. Of particular note, his three prior purchases at PFLT (May 2024 and June 2024) did not produce positive 90-day returns—all three subsequent 90-day periods showed declines ranging from -0.6% to -5.6%. His broader cross-ticker track record shows stronger timing (68.75% 90-day win rate with +5.2% average return), but this pattern of repeated underperformance at this specific ticker suggests the market may not have rewarded his prior accumulation at PFLT. The current purchase adds to an established position at 329.4K shares, reflecting continued accumulation despite the ticker's recent underperformance relative to its annual range.

December 2024
high
Buy
3,675 shares
$24,972
Significance 6/10

Director Briones buys 3,675 shares of PNNT at $6.80; extends pattern of 5 prior well-timed buys at same ticker.

Director Jose A Briones purchased 3,675 shares at $6.80 on 2024-11-27, expanding holdings by 1.4% to 265,332 shares. The transaction occurs at a price 1.3% above the current $6.71 price and 15.0% below the 52-week high of $7.89. Notably, Briones' entire same-ticker history at PNNT—5 prior open-market purchases dating back to February 2024—shows a 100% timing success rate: all 5 prior buys posted positive 90-day returns (+7.9% to +10.3%), indicating consistent ability to purchase ahead of rallies at this specific stock. His cross-ticker track record similarly demonstrates above-average outcomes: 15 prior buys with avg 90d return +5.2% and a 90d win rate of 66.67%. The current buy adds to this pattern and occurs while the stock is down 2.2% over 30 days and 3.9% over 90 days, suggesting purchase near a near-term trough relative to recent price action.

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