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EdgarHawk

Schafer Patrick

Chief Investment Officer

Director Officer
5 filings analyzed · 2 companies · Latest 2026-03-23

Companies

Company Buys Sells Direction
Portman Ridge Finance Corp BCIC 4 0 Net buying
Logan Ridge Finance Corp. LRFC 1 0 Net buying

Activity

March 2026
2026-03-23 BCP Investment Corp BCIC
medium
Buy
2,655 shares
$19,852
Significance 4/10

CIO Patrick Schafer buys 2,655 shares of BCIC at $7.48; stock down 45.7% from 52-week high; cluster of 4 other insiders also buying.

Patrick Schafer, Chief Investment Officer, purchased 2,655 shares at $7.48 on 2026-03-20, increasing his position by 10.8% to 27,265 shares total. The purchase occurs in a sharply depreciated market environment: the stock trades $7.22, down 45.7% from its 52-week high of $13.30 and off 36.9% in the prior 30 days. Schafer's cross-ticker track record shows 4 prior open-market buys with an average 90-day return of -9.2%, and at BCIC specifically, his prior two buys (Dec 2025 and Sep 2025) posted -37.4% and -3.0% 90-day returns respectively, with neither timing resulting in positive post-purchase appreciation. A cluster buy pattern is evident: 4 other insiders also acquired shares within the past 14 days. The company carries a lean P/E of 2.64 on $23.6M net income, suggesting a modestly-valued enterprise, though the equity-price weakness remains the dominant signal dominating the period.

December 2025
2025-12-16 BCP Investment Corp BCIC
medium
Buy
11,005 shares
$149,998
Significance 5/10

CIO Patrick Schafer buys 11,005 shares of BCIC at $13.63 for $150.0K; holding jumps 80.9% to 24,610 shares as stock trades -9.9% from 52-week high

Patrick Schafer, Chief Investment Officer, purchased 11,005 shares at $13.63 on 2025-12-12, increasing his stake by 80.9% to 24,610 shares total for $150.0K. The purchase occurred with the stock trading -9.9% from its 52-week high of $13.30 and down 6.0% over the preceding 30 days, suggesting the transaction happened during a pullback in a volatile period. While this is a material open-market acquisition by a senior officer, the context presents mixed signals: the company was unprofitable over its most recent full fiscal year despite currently reporting $23.6M net income, and his prior buy at this same ticker in September 2025 has not yet achieved a measurable 90-day outcome. A cluster of 4 other insiders also bought within the past 14 days, though the significance of coordinated activity versus independent conviction remains unresolved.

September 2025
2025-09-23 BCP Investment Corp BCIC
low
Buy
809 shares
$9,978
Significance 4/10

CIO Schafer buys 809 shares of BCIC at $12.33; holds 13,114 shares post-transaction (+6.6%)

Schafer Patrick, Chief Investment Officer of BCP Investment Corp, purchased 809 shares at $12.33 on 2025-09-19, representing a 6.6% increase to his post-transaction holdings of 13,114 shares. The company is unprofitable with net income of $-4,518,000.00 and operates at a $160,150,018.06 market capitalization; as a recently-listed entity (21 trading days), the stock lacks established price history. The modest transaction size and recent IPO context suggest limited forward inference; investors should track whether additional insider accumulation or selling patterns emerge as the company's operating trajectory becomes clearer.

May 2025
high
Buy
802 shares
$9,991
Significance 6/10

CIO Patrick Schafer bought 802 PTMN shares at $12.46; 3 other insiders also bought within 14 days amid unprofitable financials.

Schafer Patrick, Chief Investment Officer of Portman Ridge Finance Corp, purchased 802 shares at $12.46 on 2025-05-13, increasing his holdings to 9,776 shares (+8.9% vs pre-transaction holdings). This transaction is noteworthy because it is part of a cluster: 3 other insiders also bought within the past 14 days, suggesting coordinated confidence-building activity at a single company. Against this backdrop, PTMN is trading -38.5% below its 52-week high of $20.49, and the company was unprofitable over its most recent full fiscal year with net income of $-82,000.00. Investors should note the alignment between multi-insider buying activity and deteriorated fundamentals—such clusters can signal management's view that depressed valuations represent opportunity, though the unprofitable state of the business requires scrutiny.

medium
Buy
281 shares
$4,970
Significance 3/10

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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