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Sound Point Meridian Capital, Inc. Stock: price and insider trades · United States
1 insider bought €32k of shares over the last 90 days, the latest by Forstenhausler Matthew E., filed 28 Aug 2026.
Sound Point Meridian Capital, Inc.: what insiders have been doing
Sound Point Meridian Capital, Inc. is a Finance & Banking company. Its directors and officers file their transactions with SEC (Form 4). 4 insiders have disclosed 21 filings since 23 October 2025.
On the market, 3 insiders bought (10 purchases totalling €171k) while 2 insiders sold (11 sales totalling €192k). Netting one side against the other leaves €21k of net selling. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. At €55k, the sale published on 27 January 2026 by Assured Guaranty Ltd is the largest of the period. The buyers include 1 board member, 1 senior executive and 1 chief executive.
Compared with its exchange (2,023 companies, median 41 filings), a count of 21 filings is below the norm. Our records for Sound Point Meridian Capital, Inc. go back to 2024, with 30 purchases and 15 sales on the open market in total.
In all, 5 purchases were made within 30 days of a purchase by another insider of the company. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The last purchase on record was published on 28 August 2026, which is 57 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
In the same sector, recent insider purchases at ASR Nederland N.V. and Avarda Bank AB also feature in our signals. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
45
Thresholds
n/a
Buy Volume
€3M
30 ops. · all time
Sell Volume
€401,715
15 ops. · all time
Who traded when
BuySaleAssured Guaranty Ltd14 sales
Stephen Ketchum12 buys
Matthew E. Forstenhausler7 buys1 sale
Ujjaval Desai5 buys
Douglas Taylor Healy1 buy
Lana Lewin1 buy
Since the insiders bought
- -28.4%Entry US$9.89 · Close 16 Oct 2026 US$7.08
- -31.6%Entry US$10.35 · Close 16 Oct 2026 US$7.08
- -48.0%Entry US$13.61 · Close 16 Oct 2026 US$7.08
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Sound Point Meridian Capital, Inc. Buy (bullish), based on 3 analysts. Average price target: US$10.03.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2026FY ended March 2026 · cache
US$6.74
Analyst consensus
3 analystsBuy
US$9.09Target US$10.03(+49%)US$11.00
Income statement
Revenue-US$122M
Net income-US$126.2M-180.2% margin
Valuation
PER (trailing)3.4x
PER (forward)5.2x
P/Book0.7x
Beta1.20
Balance sheet & cash
Market capUS$138.4M
Total debtUS$60M
Free Cash FlowUS$6.7M
Debt / Equity29%
Profitability & ownership
ROE-43.5%
ROA7.4%
% institutions7.2%
Last declaration on 28 August 2026
Declarations45 total
2,427.024 shares@ US$9.2020.012% mcap18.5% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-26-009498:0
2,400 shares@ US$9.2850.012% mcap18.5% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-26-009498:2
Canonical exit: 25 Nov 2026 (T+90)
1,600 shares@ US$9.2050.0082% mcap12.2% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-26-009498:1
Canonical exit: 24 Nov 2026 (T+90)
2,000 shares@ US$11.5018.7% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-26-001444:0
Canonical exit: 14 May 2026 (T+90)
1,000 shares@ US$11.400.8% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-26-001443:0
Canonical exit: 14 May 2026 (T+90)
237 shares@ US$14.31710.8% of flowCommon StockSEC:0000899140-26-000090:0
305 shares@ US$14.29171.0% of flowCommon StockSEC:0000899140-26-000074:0
4,562 shares@ US$14.306115.3% of flowCommon StockSEC:0000899140-26-000074:1
165 shares@ US$14.49960.5% of flowCommon StockSEC:0000899140-26-000046:1
1,650 shares@ US$14.47825.4% of flowCommon StockSEC:0000899140-26-000046:2
3,782 shares@ US$14.71713.3% of flowCommon StockSEC:0000899140-26-000046:0
4,118 shares@ US$13.6029.3% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-25-010191:1
Canonical exit: 18 Mar 2026 (T+90)
1,000 shares@ US$13.607.1% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-25-010191:2
Canonical exit: 19 Mar 2026 (T+90)
1,200 shares@ US$13.700.0062% mcap13.5% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-25-010191:0
Canonical exit: 17 Mar 2026 (T+90)
1,000 shares@ US$13.600.9% of flowCommon stock, par value $0.001 per shareSEC:0001829126-25-010064:1
Canonical exit: 15 Mar 2026 (T+90)
1,000 shares@ US$13.370.9% of flowCommon stock, par value $0.001 per shareSEC:0001829126-25-010064:2
Canonical exit: 16 Mar 2026 (T+90)
1,162 shares@ US$13.840.0061% mcap1.2% of flowCommon stock, par value $0.001 per shareSEC:0001829126-25-010064:0
Canonical exit: 12 Mar 2026 (T+90)
102 shares@ US$16.400.4% of flowCommon StockSEC:0000899140-25-001323:0
1,882 shares@ US$16.647.5% of flowCommon StockSEC:0000899140-25-001183:0
590 shares@ US$16.702.4% of flowCommon StockSEC:0000899140-25-001183:1
266 shares@ US$16.691.1% of flowCommon StockSEC:0000899140-25-001183:2
2,000 shares@ US$15.311.7% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-25-008351:1
Canonical exit: 19 Jan 2026 (T+90)
1,000 shares@ US$15.600.8% of flowCommon Stock, par value $0.001 per shareSEC:0001829126-25-008351:2
Canonical exit: 20 Jan 2026 (T+90)
8,000 shares@ US$15.718.8% of flowCommon stock, par value $0.001 per shareSEC:0001829126-25-008349:1
Canonical exit: 20 Jan 2026 (T+90)
12,000 shares@ US$15.360.071% mcap14.4% of flowCommon stock, par value $0.001 per shareSEC:0001829126-25-008349:0
Canonical exit: 18 Jan 2026 (T+90)
25 of 45 declarations
About Sound Point Meridian Capital, Inc.
Sound Point Meridian Capital, Inc. (NYSE: SPMC) is a U.S.-listed investment company focused on structured credit, with a portfolio centered primarily on the equity and mezzanine tranches of collateralized loan obligations (CLOs). The company is structured as a closed-end investment company and is externally managed by Sound Point Meridian Management Company, LLC. Its primary objective is to generate high current income, with capital appreciation as a secondary goal. In practical terms, SPMC is a yield-oriented credit vehicle rather than a conventional operating company.
The company’s corporate history is relatively recent. Sound Point Meridian Capital was formed in 2022 as a Delaware LLC and converted into a Delaware corporation on March 13, 2024. Its common shares began trading on the New York Stock Exchange on June 14, 2024, making it a newly public issuer in the U.S. market. The company is headquartered in New York at 375 Park Avenue, 34th Floor, New York, NY 10152. For international investors, the key takeaway is that this is a U.S. company listed on the NYSE, not a European listing, and its disclosure regime is driven by U.S. securities filings such as SEC reports and Form 4 insider transaction notices.
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On the business side, SPMC invests mainly in CLO equity and mezzanine tranches backed by portfolios of U.S. senior secured loans. It may also invest in loan accumulation facilities, which are financing arrangements used to acquire loans ahead of CLO issuance. This places the company in the specialized segment of asset management and structured finance, where returns are influenced by credit performance, leverage, loan defaults, spread levels, and broader macro conditions. The investment case is therefore tied to disciplined underwriting and the manager’s ability to navigate the CLO market cycle.
SPMC benefits from the broader Sound Point platform, which was founded in 2008 and has deep expertise in credit strategies. Sound Point Capital Management is based in New York and also has offices in London, Connecticut, Florida, and California. The platform spans liquid and illiquid credit alternatives, including leveraged loans, special situations, distressed debt, structured credit, direct lending, and commercial real estate. That background gives SPMC access to an experienced credit sponsor and an established institutional infrastructure.
Recent milestones include the company’s IPO in June 2024, which raised approximately $79.7 million in net proceeds from the sale of 4.0 million common shares at $20.00 per share. Since then, investor communications have emphasized NAV reporting and monthly updates, both of which are important for monitoring a listed CLO-focused investment company. Given the presence of SEC Form 4 insider transactions, investors often look at insider activity as a sentiment signal, but it should be assessed alongside dividend policy, NAV trends, and the health of the underlying U.S. leveraged loan market.
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