Cion Investment Corp CION Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Apr 05, 2024 (filed on Apr 05, 2024)

Insider Name:

Pinero Eric A.

Ownership Type:

Direct Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

450

Price:

$11.11
Apr 01, 2024 (filed on Apr 01, 2024)

Insider Name:

Roman Stephen

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

450

Price:

$11.05
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

1,000

Price:

$11.02
Mar 25, 2024 (filed on Mar 26, 2024)

Insider Name:

Reisner Michael A

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

469

Price:

$10.65
Mar 20, 2024 (filed on Mar 21, 2024)

Insider Name:

Bresner Gregg A.

Ownership Type:

Direct Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

4,000

Price:

$10.78
Nov 27, 2023 (filed on Nov 27, 2023)

Insider Name:

Finlay Peter I.

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$10.88
Nov 16, 2023 (filed on Nov 17, 2023)

Insider Name:

Gatto Mark

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

905

Price:

$11.05

Filings by filing date

Apr 05, 2024 (filed on Apr 05, 2024)

Insider Name:

Pinero Eric A.

Ownership Type:

Direct Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

450

Price:

$11.11
Apr 01, 2024 (filed on Apr 01, 2024)

Insider Name:

Roman Stephen

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

450

Price:

$11.05
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

50

Price:

$11.02
Mar 27, 2024 (filed on Mar 29, 2024)

Insider Name:

Gatto Mark

Ownership Type:

Indirect Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

1,000

Price:

$11.02
Mar 25, 2024 (filed on Mar 26, 2024)

Insider Name:

Reisner Michael A

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

469

Price:

$10.65
Mar 20, 2024 (filed on Mar 21, 2024)

Insider Name:

Bresner Gregg A.

Ownership Type:

Direct Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

4,000

Price:

$10.78
Nov 27, 2023 (filed on Nov 27, 2023)

Insider Name:

Finlay Peter I.

Ownership Type:

Indirect Ownership

Securities:

Common Stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$10.88
Nov 16, 2023 (filed on Nov 17, 2023)

Insider Name:

Gatto Mark

Ownership Type:

Direct Ownership

Securities:

Common stock, $0.001 par value

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

905

Price:

$11.05

News

Biz Brief

Sector: Financials	Industry: Investment Management & Fund Operators

See Regulatory Filings on SEC

Company Contact

Address:	100 Park Avenue, 25Th Floor NEW YORK NY 10017
Tel:	N/A
Website:	https://www.cionbdc.com
IR:	See website

Key People

Mark Gatto Co-Chairman of the Board, Co-Chief Executive Officer	Michael A. Reisner Co-Chairman of the Board, Co-Chief Executive Officer	Gregg A. Bresner President, Chief Investment Officer
Keith S. Franz Chief Financial Officer, Managing Director, Treasurer	Stephen Roman Chief Compliance Officer, Secretary	Charlie Arestia Managing Director and Head of Investor Relations
Eric A. Pinero Chief Legal Officer

Business Overview

CION Investment Corporation is an externally managed, non-diversified closed-end management investment company. The Company's investment objective is to generate current income and, to a lesser extent, capital appreciation for investors. Its portfolio is comprised primarily of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly traded United States middle-market companies. The Company's investment portfolio includes healthcare and pharmaceuticals, chemicals, plastics and rubber, high-tech industries, beverage, food and tobacco, capital equipment, banking, finance, insurance and real estate, aerospace and defense, construction and building, telecommunications, hotel, gaming, and leisure, automotive, and metals and mining. Its investment adviser is CION Investment Management, LLC.

Financial Overview

For the fiscal year ended 31 December 2023, Cion Investment Corp revenues increased 29% to $251M. Net income increased 90% to $95.3M. Revenues reflect Interest income increase of 31% to $184M, Dividend income increase from $79K to $3.9M, Dividend income increase from $1.3M to $4.3M. Net income benefited from Non-controlled, non-affiliated investmen increase from $19.8M (expense) to $15.7M (income), Non-controlled.

Reporting Currency:	U.S. Dollars
Enterprise value:	$1,689M as of Dec 31, 2023
Annual revenue (TTM):	$251.01M as of Dec 31, 2023
EBITDA (TTM):	$104.97M as of Dec 31, 2023
Net annual income (TTM):	$95.31M as of Dec 31, 2023
Free cash flow (TTM):	-$189.11M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$1,073M as of Dec 31, 2023
Shares outstanding:	53,844,131 as of Mar 6, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization