Company Overview - PennantPark Investment Corporation (NYSE: PNNT) is a business development company focused on investing in U.S. middle-market private companies through various forms of debt and equity investments [1] Price Target and Market Valuation - On December 2, 2025, Compass Point set a price target of $5.50 for PNNT, while the stock was trading at $5.77, indicating a potential overvaluation according to Compass Point's assessment [2][6] - The stock's current price reflects a decrease of 1.87%, with a trading range between a low of $5.66 and a high of $5.91 on the day [4] Distribution Announcement - PNNT announced a monthly distribution of $0.08 per share for December 2025, payable on January 2, 2026, to stockholders on record as of December 15, 2025, funded from the company's taxable net investment income [3][6] Market Capitalization and Trading Activity - PNNT's market capitalization is approximately $376.76 million, with a trading volume of 1,524,801 shares on the NYSE, indicating moderate investor interest influenced by recent announcements [5]
PennantPark Investment Corporation (NYSE: PNNT) Overview