Horizon Technology Finance Corporation (HRZN) Forms H&S Pattern Trading at $10.08

May 16, 2018 - By Joseph Norton

During Q4 2017 the big money sentiment increased to 1.25. That’s change of 0.25, from 2017Q3’s 1. 4 investors sold all, 8 reduced holdings as Horizon Technology Finance Corporation ratio increased. 6 increased positions while 9 funds bought positions. Funds hold 1.48 million shares thus 2.55% less from 2017Q3’s 1.52 million shares.
Founders Fincl Securities Limited Company invested 0.04% of its capital in Horizon Technology Finance Corporation (NASDAQ:HRZN). Cambridge Investment Rech owns 0% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 10,774 shs. Hillsdale Investment, Ontario – Canada-based fund reported 96,769 shs. Millennium Management Limited Co has 26,744 shs for 0% of their capital. Lsv Asset Mngmt owns 0% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 188,301 shs. The Pennsylvania-based Hudock Capital Grp Incorporated Ltd Com has invested 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Morgan Stanley has invested 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Horizon Invs Limited reported 0.02% stake. Wells Fargo Communications Mn owns 0% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 35,230 shs. Macquarie Group Inc Ltd holds 0% or 27,586 shs in its capital. Bridgeway Mgmt owns 200,500 shs or 0.02% of their US capital. Royal Bank Of Canada, Ontario – Canada-based fund reported 21,369 shs. France-based Axa has invested 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Citigroup Incorporated invested 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Regions stated it has 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN).

Horizon Technology Finance Corporation registered $136,000 net activity with 2 buys and 0 sales since March 15, 2018. Another trade for 10,000 shs valued at $106,000 was bought by SAVAGE JOSEPH J.

The Head and Shoulders chart setup of Horizon Technology Finance Corporation (HRZN) showed $9.37 [Target] or 7.00 % below today’s $10.08share price. It has $116.17 million MC. On May, 16 the Head and Shoulders chart setup was reported by Faxor.com. If our $9.37 price target is hit HRZN’s valuation can change by $8.13M.

Ticker’s shares touched $10.08 during the last trading session after 0.88% change.Horizon Technology Finance Corporation has 85,138 shares volume, 10.32% up from normal. HRZN is downtrending and has moved 5.12% since May 16, 2017. The stock underperformed the S&P500 by 16.67%.

On August, 7. Investors expect Horizon Technology Finance Corporation (NASDAQ:HRZN) to reveal its quarterly earnings, according to RTT. Analysts have expectation on stock’s EPS of $0.26. That’s up 8.33 % from last year’s $0.24 EPS. If $0.26 is reported, HRZN’s profit will hit $3.00M for 9.69 P/E. Last quarter $0.28 EPS was reported. Analysts predicts -7.14 % negative EPS growth this quarter.

More recent Horizon Technology Finance Corporation (NASDAQ:HRZN) news were published by Prnewswire.com, Seekingalpha.com and Prnewswire.com. The first one has “Horizon Technology Finance to Announce First Quarter 2018 Financial Results” as a title and was published on April 17, 2018. The next is “Horizon Technology Finance’s (HRZN) CEO, Robert Pomeroy on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. And last was published on May 01, 2018, called “Horizon Technology Finance Announces Monthly Distributions for July, August and September 2018 Totaling $0.30 …”.

Horizon Technology Finance Corporation (NASDAQ:HRZN) Institutional Investors Chart

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