HRZN

Horizon Technology Finance Corp

NYSE · CIK 0001487428
$4.36 -4.60% $297.6M
Insider Buying Cluster (6 insiders)High Impact Filing (7/10)4 Institutional Exits
Vol
Market Cap$297.6M
Cap SizeMicro Cap
Analyst ConsensusBuy (55%)
Inst. Holders17 funds
Inst. Value$4.5M
Inst. Activity1 buys / 4 sells
Insider Activity7B / 0S
Insider Net $$655.8K
SEC Reports3
Exchange NYSE·CIK 0001487428·Prev Close $4.57

Recent Activity

Jun 11, 2026 SEC
Five HRZN insiders, including the CEO and CFO, made open-market purchases totaling ~$630K on June 9-10, 2026, at ~$4.34/
CLUSTER — Impact 5/10
Jun 10, 2026 SEC
Three insiders — CEO Michael Balkin, CIO Paul Seitz, and a director — collectively purchased ~$510K in HRZN shares at ~$
CLUSTER — Impact 5/10
Jun 10, 2026 Insider
Trolio Daniel R. bought 11,500 shares
Executive VP and CFO @ $4.34 ($49.9K)
Jun 9, 2026 Insider
O'Connor Kimberley Ann bought 10,000 shares
Director @ $4.37 ($43.7K)
Jun 9, 2026 Insider
Balkin Michael bought 100,000 shares
Chief Executive Officer @ $4.34 ($434.0K)
Mar 11, 2026 SEC
Horizon Technology Finance Corp (HTFC) and Monroe Capital Corporation (MRCC) updated their merger proxy statement to inc
DEFA14A — Impact 7/10
Inst.
BlackRock, Inc. — TRIM
179,487 shares ($755.6K)
Inst.
MARSHALL WACE, LLP — TRIM
171,778 shares ($723.2K)

Price Targets

$5.35 +22.7% upside Strong Buy
Current $4.36 Low $4.25 Median $5.00 High $6.50 5 analysts
$4.25 $6.50

Analyst Ratings

Hold55% buy · 11 analysts
2Strong Buy
4Buy
5Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 18, 2026 UBS MAINTAIN Neutral → Neutral
Mar 24, 2026 Oppenheimer MAINTAIN Perform → Perform
Mar 6, 2026 B. Riley Securities MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.11 ▼ -36.1% $0.06 — $0.14 -60% YoY 4
Next Q $0.17 ▼ -2.1% $0.15 — $0.19 -44% YoY 4
Current FY $0.67 ▼ -5.4% $0.55 — $0.73 -36% YoY 5
Next FY $0.76 $0.69 — $0.92 14% YoY 5

Top Institutional Holders

FundValueMove
Legal & General Group$1.4M
BlackRock, Inc.$755.6KTRIM
MARSHALL WACE, LLP$723.2KTRIM
TWO SIGMA INVESTMENTS, LP$632.3KTRIM
BANK OF AMERICA CORP$256.6KDOUBLED

Recent Insider Trades

DateInsiderTypeValue
Jun 10, 2026Trolio DanielBUY$49.9K
Jun 9, 2026O'Connor KimberleyBUY$43.7K
Jun 9, 2026Balkin MichaelBUY$434.0K
Jun 9, 2026ALLISON THOMASBUY$26.2K
Jun 9, 2026Seitz PaulBUY$49.9K
17 institutional holders with $4.5M total value (1,071,626 shares) as of 2026-Q1. Top holders: Legal, BlackRock,, MARSHALL. Net selling activity: 4 institutions trimmed/exited vs 1 added.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1Legal & General Group Plc328,655$1.4M30.8%
2BlackRock, Inc.179,487$755.6K16.7%TRIM -37.7%
3MARSHALL WACE, LLP171,778$723.2K16.0%TRIM -39.1%
4TWO SIGMA INVESTMENTS, LP150,179$632.3K14.0%TRIM -66.4%
5BANK OF AMERICA CORP /DE/60,953$256.6K5.7%DOUBLED +5335.2%
6MORGAN STANLEY47,437$199.7K4.4%TRIM -38.3%
7WELLS FARGO & COMPANY/MN27,684$116.6K2.6%DOUBLED +134.1%
8CITADEL ADVISORS LLC24,600$103.6K2.3%
9ROYAL BANK OF CANADA20,411$86.0K1.9%DOUBLED +233.5%
10ENVESTNET ASSET MANAGEMENT INC16,683$70.2K1.6%ADD +32.2%
11CITADEL ADVISORS LLC14,300$60.2K1.3%
12RAYMOND JAMES FINANCIAL INC13,733$57.8K1.3%
13Atria Investments, Inc11,855$49.9K1.1%
14FIFTH THIRD BANCORP2,699$11.4K0.3%
15Allworth Financial LP1,139$4.8K0.1%NEAR_EXIT -88.8%
16CWM, LLC25$105.000.0%
17DANSKE BANK A/S8$34.000.0%DOUBLED +100.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BlackRock, Inc.TRIM287,947179,487-37.7%$755.6K2026-Q1
MARSHALL WACE, LLPTRIM282,289171,778-39.1%$723.2K2026-Q1
MORGAN STANLEYTRIM76,86547,437-38.3%$199.7K2026-Q1
Allworth Financial LPNEAR_EXIT10,2051,139-88.8%$4.8K2026-Q1
DANSKE BANK A/SDOUBLED48+100.0%$34.002026-Q1
BANK OF AMERICA CORP /DE/DOUBLED1,17763,972+5335.2%$412.6K2025-Q4
DANSKE BANK A/SADD34+33.3%$26.002025-Q4
MARSHALL WACE, LLPDOUBLED14,283347,781+2334.9%$2.1M2025-Q3
BlackRock, Inc.ADD233,022300,574+29.0%$1.8M2025-Q3
UBS Group AGADD76,248106,964+40.3%$652.5K2025-Q3
MORGAN STANLEYADD50,16073,223+46.0%$446.7K2025-Q3
BANK OF AMERICA CORP /DE/TRIM1,6531,177-28.8%$7.2K2025-Q3
TWO SIGMA INVESTMENTS, LPTRIM264,44788,770-66.4%$639.1K2025-Q2
UBS Group AGADD45,26276,248+68.5%$549.0K2025-Q2
ROYAL BANK OF CANADADOUBLED19,31464,419+233.5%$463.0K2025-Q2
TWO SIGMA INVESTMENTS, LPDOUBLED103,273264,447+156.1%$2.5M2025-Q1
MORGAN STANLEYADD78,214116,452+48.9%$1.1M2025-Q1
UBS Group AGTRIM153,56845,262-70.5%$426.4K2025-Q1
WELLS FARGO & COMPANY/MNDOUBLED15,97337,392+134.1%$352.2K2025-Q1
BALYASNY ASSET MANAGEMENT L.P.ADD19,18937,236+94.0%$350.8K2025-Q1
DANSKE BANK A/STRIM31-66.7%$9.002025-Q1
Trexquant Investment LPDOUBLED66,946198,451+196.4%$1.8M2024-Q4
BlackRock, Inc.ADD127,910160,538+25.5%$1.4M2024-Q4
UBS Group AGDOUBLED14,489153,568+959.9%$1.4M2024-Q4
MORGAN STANLEYADD60,45478,214+29.4%$703.1K2024-Q4
6 unique insiders with 11 transactions. Net insider value: $655.8K ($655.8K bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 10, 2026Trolio Daniel R.Executive VP and CFOBUY11,500$4.34$49.9K
Jun 9, 2026O'Connor Kimberley AnnDirectorBUY10,000$4.37$43.7K
Jun 9, 2026Balkin MichaelChief Executive OfficerBUY100,000$4.34$434.0K
Jun 9, 2026ALLISON THOMAS J.DirectorBUY6,000$4.36$26.2K
Jun 9, 2026Seitz Paul GChief Investment OfficerBUY11,477$4.35$49.9K
Jun 9, 2026Goodman Jonathan JosephDirectorBUY6,000$4.33$25.9K
Jun 9, 2026ALLISON THOMAS J.DirectorBUY6,000$4.36$26.2K
Apr 14, 2026Balkin MichaelChief Executive OfficerAWARD93,527
Apr 14, 2026Balkin MichaelChief Executive OfficerAWARD93,527
Apr 14, 2026Seitz Paul GChief Investment OfficerAWARD142
Apr 14, 2026ALLISON THOMAS J.DirectorAWARD49,926

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (55% buy). Based on 11 analysts: 2 strong buy, 4 buy, 5 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$5.35 mean target +22.7% upside Strong Buy (3.00)
$4.25 Low $6.50 High
MetricValue
Current Price$4.36
Target Low$4.25
Target Mean$5.35
Target Median$5.00
Target High$6.50
# Analysts5
RecommendationStrong Buy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.11 $0.06 $0.14 -59.7% -36.1% 0↑ 2↓ $0.0B 2.9% 4
Next Q
2026-09-30
$0.17 $0.15 $0.19 -44.1% -2.1% 1↑ 1↓ $0.0B 2.0% 4
Current FY
2026-12-31
$0.67 $0.55 $0.73 -36.1% -5.4% 2↑ 1↓ $0.1B 9.9% 5
Next FY
2027-12-31
$0.76 $0.69 $0.92 13.9% -0.1% 2↑ 1↓ $0.1B 22.3% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.113
7d ago$0.100+0.013
30d ago$0.176-0.064
60d ago$0.182-0.069
90d ago$0.267-0.154
3 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 18, 2026 UBS MAINTAIN Neutral Neutral
Mar 24, 2026 Oppenheimer MAINTAIN Perform Perform
Mar 6, 2026 B. Riley Securities MAINTAIN Neutral Neutral

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262450055%
May 1, 20262450055%
Apr 1, 20262450055%
Mar 1, 20260152210%
Feb 1, 2026016229%
Jan 1, 2026016229%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 9, 2026
short_volume
Short Volume: HRZN — 76.0% short (0.5M / 0.6M)
Short: 485,105 | Exempt: 200 | TRF Vol: 638,275 | Short Ratio: 76.0% | Off-exchange volume (dark pool + OTC)
May 15, 2026
short_volume
Short Volume: HRZN — 78.5% short (0.4M / 0.5M)
Short: 405,205 | Exempt: 113 | TRF Vol: 516,099 | Short Ratio: 78.5% | Off-exchange volume (dark pool + OTC)
May 11, 2026
short_volume
Short Volume: HRZN — 60.4% short (0.3M / 0.6M)
Short: 332,640 | Exempt: 45 | TRF Vol: 550,919 | Short Ratio: 60.4% | Off-exchange volume (dark pool + OTC)
May 5, 2026
earnings_calendar
HRZN Q1 2026 Earnings Scheduled — 2026-05-05
Apr 30, 2026
short_volume
Short Volume: HRZN — 56.0% short (0.4M / 0.6M)
Short: 354,511 | Exempt: 2,514 | TRF Vol: 633,528 | Short Ratio: 56.0% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
short_volume
Short Volume: HRZN — 56.0% short (0.4M / 0.8M)
Short: 434,403 | Exempt: 0 | TRF Vol: 775,201 | Short Ratio: 56.0% | Off-exchange volume (dark pool + OTC)
Apr 23, 2026
short_volume
Short Volume: HRZN — 64.0% short (0.5M / 0.8M)
Short: 501,591 | Exempt: 500 | TRF Vol: 783,202 | Short Ratio: 64.0% | Off-exchange volume (dark pool + OTC)
Apr 21, 2026
short_volume
Short Volume: HRZN — 58.2% short (0.4M / 0.7M)
Short: 395,220 | Exempt: 831 | TRF Vol: 678,998 | Short Ratio: 58.2% | Off-exchange volume (dark pool + OTC)
Apr 16, 2026
short_volume
Short Volume: HRZN — 61.0% short (0.6M / 1.0M)
Short: 636,669 | Exempt: 694 | TRF Vol: 1,043,638 | Short Ratio: 61.0% | Off-exchange volume (dark pool + OTC)
Mar 16, 2026
short_interest
FTD: HRZN — 280,249 shares ($1.1M) failed to deliver
Settlement: 20260316, Price: $4.10, FTD Value: $1,149,020.9, HORIZON TECHNOLOGY FINANCE COR
Mar 13, 2026
short_interest
FTD: HRZN — 157,402 shares ($0.7M) failed to deliver
Settlement: 20260313, Price: $4.32, FTD Value: $679,976.64, HORIZON TECHNOLOGY FINANCE COR
Mar 12, 2026
short_interest
FTD: HRZN — 216,522 shares ($0.9M) failed to deliver
Settlement: 20260312, Price: $4.24, FTD Value: $918,053.28, HORIZON TECHNOLOGY FINANCE COR
Mar 11, 2026
short_interest
FTD: HRZN — 149,096 shares ($0.6M) failed to deliver
Settlement: 20260311, Price: $4.26, FTD Value: $635,148.96, HORIZON TECHNOLOGY FINANCE COR
Mar 3, 2026
earnings_calendar
HRZN Q4 2025 Earnings After Market Close — 2026-03-03
Mar 2, 2026
earnings_calendar
HRZN Q4 2025 Earnings After Market Close — 2026-03-02