SuRo Capital(SSSS) Soars 4.48% on Insider Buying, Q1 Earnings Anticipation

SuRo Capital(SSSS) shares surged 4.48% today, marking the third consecutive day of gains, with a cumulative increase of 9.57% over the past three days. The stock price reached its highest level since February 2025, with an intraday gain of 9.78%.

The strategy of buying SSSS shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 3.48% annualized return and a 7.02% total return as of the latest data point. However, the strategy underperformed the broader market, as evidenced by the 8.33% annualized return and 21.66% total return of the SPY ETF over the same period. This suggests that while the strategy showed some resilience, it lacked the broader market's momentum and growth potential.

One of the key factors driving SuRo Capital's recent stock price movement is the insider buying activity. On May 10, 2025, Mark Klein, an insider, acquired additional shares of SuRo Capital Corp (SSSS). This transaction is significant as it often indicates insider confidence in the company's future performance, which can positively influence investor sentiment and stock prices.

Additionally, the anticipation of SuRo Capital Corp's Q1 2025 financial results, scheduled to be announced on May 6, 2025, has also played a role in the stock's recent performance. Investors closely monitor upcoming financial reports as they provide insights into the company's earnings performance and future guidance, which can drive stock price movements.