& Guaranty Life Insur Fidelity Sells 45,000 Shares of Crescent Capital BDC (NASDAQ:CCAP) Stock
Fidelity, a major shareholder in Crescent Capital BDC (NASDAQ:CCAP), sold 45,000 shares for $469,800, reducing its stake by 1.12% to 3.96 million shares. This sale, conducted under a pre-arranged Rule 10b5-1 plan, follows other recent sales and comes as CCAP shares trade near their 52-week low. The company recently missed earnings estimates but declared a quarterly dividend of $0.34 per share, offering a 13.1% yield.
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