CEO Christian Oberbeck Buys $445,800 of Saratoga Stock After Q2 Miss
SAR is trading near its 52-week low of $13.78 (8.9% above the low).
Summary
CEO Christian Oberbeck purchased $445,800 of Saratoga stock on October 8-9, 2026, days after the company reported a Q2 loss and shares fell nearly 8%.
Key Events · Ownership and Investor Activity · SAR
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CEO Buys $445,800 of Stock
Christian Oberbeck purchased 30,000 shares at $14.83-$14.89 per share on October 8-9, 2026, through Saratoga Investment Advisors, LLC, which he fully owns and controls.
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Purchase Follows Q2 Loss and Share Drop
The buy comes days after Saratoga reported a $13.6M net decrease in net assets from operations and shares fell nearly 8% following a Q2 EPS miss.
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Stock Trades Below NAV
The purchase price of ~$14.86 is well below the $22.15 NAV per share reported in the latest 10-Q, suggesting the CEO sees value at current levels.
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Real Money, Not Compensation
The transaction is an open-market purchase (Code P), not an option exercise or grant, indicating genuine personal conviction.
Analysis · SAR · Unknown
Days after Saratoga reported a Q2 loss and an 8% share-price drop, CEO Christian Oberbeck bought 30,000 shares for $445,800 on October 8-9 at $14.83-$14.89 per share. The purchase is a real-money open-market buy, not an option exercise, and comes as the stock trades near $15 — well below the $22.15 NAV per share reported in the latest 10-Q. This is a meaningful vote of confidence from the company's top executive during a period of market weakness.
How filings like this one have moved
In the 30 days to Oct 13, 2026, 29.1% of the 1502 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SAR was trading at $15.00 on NYSE in the Unknown sector, with a market capitalization of approximately $232.3M. The 52-week trading range was $13.78 to $24.07. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.