John Bolduc, serving as a director at WhiteHorse Finance, Inc. (NASDAQ: WHF), has completed a strategic acquisition of company equity. The purchase activity, valued at $97,389, took place across two consecutive trading days in early June 2026. These transactions occurred while the stock was trading at $6.66, a price point that supports a dividend yield of 15.69% for the business. According to data from InvestingPro, WhiteHorse Finance has sustained its dividend distributions for 15 consecutive years, a metric that underscores the firm's long-term payout history.
On June 5, 2026, Bolduc executed purchases totaling 7,140 shares. The first batch consisted of 3,570 shares acquired at a weighted average price of $6.77 per share, with individual transaction prices ranging between $6.75 and $6.81. Simultaneously on that date, he acquired an additional 3,570 shares at a weighted average price of $6.76 per share, with transaction prices ranging from $6.74 to $6.80.
During the preceding day, June 4, 2026, Bolduc purchased another 7,140 shares. One block of 3,570 shares was acquired at a weighted average price of $6.87 per share, with individual transaction prices ranging from $6.81 to $6.91. Another block of 3,570 shares was acquired at a weighted average price of $6.88 per share, with transaction prices ranging from $6.82 to $6.93.
These newly acquired shares are held indirectly through Bolduc Family LP and Bolduc Investments X, LLC. Bolduc serves as the sole shareholder of the general partner for Bolduc Family LP and is a member of Bolduc Investments X, LLC. He has disclaimed beneficial ownership of these shares except to the extent of his pecuniary interest. Following these recent transactions, his total indirect holding of WhiteHorse Finance common stock stands at 309,607 shares.
This insider activity occurs shortly after WhiteHorse Finance reported its financial results for the first quarter of 2026. The reported earnings per share (EPS) of $0.25 fell short of analyst expectations, which had projected $0.28. Revenue for the quarter was reported at $15.86 million, also missing the anticipated $16.63 million. These results have prompted investor concern regarding the company's performance and future outlook.