NMFC Insider John Malfettone Sells $611K of Stock

John Malfettone sold 77,500 shares of New Mountain Finance Corporation (NasdaqGS: NMFC) on June 15, 2026. The shares were sold at an average price of $7.89, totaling $611,475. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at New Mountain Finance Corporation

In addition to John Malfettone's sale, several other insider transactions have taken place at New Mountain Finance. Adam Weinstein, the company's EVP, CAO, and Director, purchased 12,900 shares on March 17, 2026, at an average price of $7.61. Steven Klinsky made several purchases in March 2026, acquiring a total of 924,778 shares at prices ranging from $8.05 to $8.17.

Other Institutional Activity in New Mountain Finance Corporation

Several institutional investors have also adjusted their positions in New Mountain Finance Corporation. LSV Asset Management increased its stake by 35,400 shares, now holding 3,022,118 shares valued at approximately $23.45 million. Invesco Ltd. significantly boosted its holdings, adding 949,320 shares to bring its total to 2,139,677 shares worth about $16.6 million. UBS Group AG grew its position by 550,148 shares, ending with 2,091,276 shares valued at $16.23 million. Conversely, Van Eck Associates Corp reduced its stake by 542,939 shares, leaving it with 1,796,175 shares valued at $13.94 million.

New Mountain Finance Corporation Stock Up 8.0%

Shares of New Mountain Finance Corporation (NasdaqGS: NMFC) traded near $7.78. The company has a market capitalization of approximately $713.1 million and a forward P/E ratio of 7.17. Its beta is 0.597, indicating lower volatility compared to the market. The stock's 52-week range has been between $7.48 and $10.90, with a 50-day moving average of $8.12 and a 200-day moving average of $8.83. The company maintains a current ratio of 1.79 and a quick ratio of 1.62, with a debt-to-equity ratio of 126.54.

Recent Earnings

New Mountain Finance reported revenue of $310.2 million, though it experienced a revenue decline of 19.7%. The company posted a net margin of -18.6% and a return on equity of -4.8%. The next earnings report is expected on August 3, 2026.

Dividend

The company offers an annual dividend rate of $1.21, yielding 16.04%. The dividend payout ratio is a modest 8.0%.

Analysts Set New Price Targets

Analysts have recently updated their ratings for New Mountain Finance Corporation. Keefe, Bruyette & Woods maintained a 'hold' rating with a $9.00 price target on March 4, 2026. B. Riley Securities also maintained a 'hold' rating with a $7.50 target on March 3, 2026. Wells Fargo reiterated its 'hold' rating with an $8.00 price target on February 26, 2026. The consensus target price is $8.54 based on six analyst opinions.

About New Mountain Finance Corporation

New Mountain Finance Corporation, headquartered in New York, NY, operates as a business development company. It specializes in investing and lending to middle-market companies across various industries, emphasizing defensive growth sectors. The company invests in a mix of debt securities and occasionally takes equity positions. Under the leadership of CEO John R. Kline, it targets investments ranging from $10 million to $125 million, focusing on companies with EBITDA between $10 million and $200 million.

Bottom Line

John Malfettone's recent sale of shares in New Mountain Finance Corporation is part of the company's ongoing insider transactions. Investors keep a close eye on such moves, as they can offer insights into insider sentiment. Nonetheless, it's important to remember that this sale is a backward-looking event and may not reflect the current insider sentiment or the company's future prospects.