Insider Buying Sparks Interest: Recent discussions on X about Sound Point Meridian Capital (SPMC) have centered on significant insider purchases by top executives. The Chairman and CEO have reportedly acquired substantial shares, with transactions totaling hundreds of thousands of dollars, signaling confidence in the company’s future. This activity has caught the attention of investors monitoring the stock.
Mixed Reactions to Stock Performance: While some on X view these insider buys as a bullish sign, others remain cautious due to the stock trading near its 52-week low. There’s debate over whether this reflects a buying opportunity or underlying concerns about the company’s financial health. The conversation remains active as more weigh in on the implications.
Note: This discussion summary was generated from an AI condensation of post data.
Sound Point Meridian Capital Insider Trading Activity
Sound Point Meridian Capital insiders have traded $SPMC stock on the open market 9 times in the past 6 months. Of those trades, 5 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $SPMC stock by insiders over the last 6 months:
- UJJAVAL DESAI (Chief Executive Officer) has made 2 purchases buying 20,000 shares for an estimated $310,000 and 0 sales.
- GUARANTY LTD ASSURED has made 0 purchases and 4 sales selling 14,089 shares for an estimated $243,641.
- STEPHEN KETCHUM (Chairman) has made 3 purchases buying 8,000 shares for an estimated $124,270 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Sound Point Meridian Capital Analyst Ratings
Wall Street analysts have issued reports on $SPMC in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Clear Street issued a "Buy" rating on 10/01/2025
- Alliance Global Partners issued a "Buy" rating on 07/18/2025
To track analyst ratings and price targets for Sound Point Meridian Capital, check out Quiver Quantitative's $SPMC forecast page.
Sound Point Meridian Capital Price Targets
Multiple analysts have issued price targets for $SPMC recently. We have seen 2 analysts offer price targets for $SPMC in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Mickey Schleien from Clear Street set a target price of $20.0 on 10/01/2025
- Gaurav Mehta from Alliance Global Partners set a target price of $20.0 on 07/18/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
