HRZN
Horizon Technology Finance Corporation NASDAQ Listed Oct 29, 2010$4.42
+0.34%
vs $4.41
Mkt Cap $195.3M
52w Low $3.80
13.4% of range
52w High $8.46
50d MA $4.28
200d MA $5.61
P/E (TTM)
9.0x
EV/EBITDA
14.3x
P/B
0.6x
Debt/Equity
1.5x
ROE
-0.8%
P/FCF
3.3x
RSI (14)
43.20
ATR (14)
$0.19
Beta
1.09
50d MA
$4.28
200d MA
$5.61
Avg Volume
856.7K
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. It seeks to invest in companies in the United States.
CIK (SEC)
Phone
860 676 8654
312 Farmington Avenue · Farmington, CT 06032 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 5, 2026 | AMC | 0.19 | 0.19 | +0.0% | 4.23 | +0.7% | +8.3% | -1.5% | +0.7% | -4.6% | -2.1% | — |
| Mar 3, 2026 | AMC | 0.29 | 0.18 | -38.3% | 6.11 | -11.1% | -23.4% | -1.1% | -9.3% | -0.5% | +1.9% | — |
| Oct 28, 2025 | AMC | 0.28 | 0.31 | +10.7% | 6.01 | +4.8% | +9.3% | +0.3% | -1.7% | +2.8% | -0.9% | — |
| Aug 7, 2025 | AMC | 0.28 | 0.28 | +0.0% | 7.41 | -5.9% | -3.2% | -0.4% | +0.8% | -0.3% | -0.6% | — |
| Apr 29, 2025 | AMC | 0.33 | 0.27 | -18.2% | 8.94 | -12.8% | -16.8% | -4.0% | +3.4% | +0.4% | +1.6% | — |
| Mar 4, 2025 | AMC | 0.33 | 0.27 | -18.2% | 9.60 | -2.1% | -9.9% | +2.0% | +5.2% | +1.2% | -1.2% | — |
| Oct 29, 2024 | AMC | 0.35 | 0.32 | -8.6% | 10.01 | -0.6% | -3.2% | -0.4% | -2.2% | -1.8% | +0.1% | — |
| Jul 30, 2024 | AMC | 0.34 | 0.36 | +5.9% | 12.06 | -0.4% | -3.5% | -0.3% | -3.4% | -3.2% | +3.2% | — |
| Apr 30, 2024 | AMC | 0.36 | 0.38 | +5.6% | 11.45 | -0.3% | +3.0% | +0.0% | +0.2% | -0.3% | +0.1% | — |
| Feb 27, 2024 | AMC | 0.48 | 0.45 | -6.2% | 13.10 | -1.4% | -6.9% | -2.1% | -0.3% | +0.3% | -0.9% | — |
| Oct 31, 2023 | AMC | 0.41 | 0.53 | +29.3% | 11.08 | +2.9% | +4.8% | +2.3% | -0.1% | +1.2% | -0.7% | — |
| Aug 1, 2023 | AMC | 0.43 | 0.54 | +25.6% | 13.18 | +0.2% | +0.7% | -0.6% | -5.9% | -1.7% | +0.1% | — |
| May 2, 2023 | AMC | 0.39 | 0.46 | +17.9% | 11.34 | +1.9% | +4.0% | -2.5% | +1.1% | +0.9% | -1.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 24 | Oppenheimer | Maintains | Perform → Perform | — | $4.23 | $4.20 | -0.7% | -0.5% | +0.5% | +1.7% | -4.4% | -0.5% |
| Mar 6 | B. Riley Securities | Maintains | Neutral → Neutral | — | $4.63 | $4.53 | -2.2% | -9.3% | -0.5% | +1.9% | -0.5% | +1.9% |
| Nov 19 | UBS | Maintains | Neutral → Neutral | — | $6.45 | $6.42 | -0.5% | +1.4% | -2.3% | +2.7% | +1.4% | +0.2% |
| Oct 14 | UBS | Maintains | Neutral → Neutral | — | $6.09 | $6.06 | -0.5% | -0.5% | +0.0% | -5.6% | +2.3% | +0.7% |
| Aug 11 | Maxim Group | Maintains | Buy → Buy | — | $7.17 | $7.17 | +0.0% | -0.4% | +0.8% | -0.3% | -0.6% | -1.1% |
| Jul 16 | UBS | Maintains | Neutral → Neutral | — | $8.04 | $7.91 | -1.6% | -0.1% | +1.9% | -1.5% | +0.7% | +1.8% |
| Apr 17 | UBS | Maintains | Neutral → Neutral | — | $8.08 | $8.08 | +0.0% | +3.8% | -1.7% | +0.8% | +1.9% | +2.2% |
| Apr 8 | Keefe, Bruyette & Woods | Maintains | Underperform → Underperform | — | $8.07 | $8.30 | +2.9% | -1.9% | +5.4% | -3.4% | +1.9% | +1.5% |
| Mar 10 | Maxim Group | Maintains | Buy → Buy | — | $9.28 | $9.26 | -0.2% | +1.2% | -1.2% | -1.1% | -1.1% | +1.3% |
| Mar 7 | Keefe, Bruyette & Woods | Maintains | Underperform → Underperform | — | $8.82 | $8.79 | -0.3% | +5.2% | +1.2% | -1.2% | -1.1% | -1.1% |
| Dec 17 | Compass Point | Upgrade | Sell → Neutral | — | $8.57 | $8.57 | +0.0% | +2.6% | +0.0% | +0.5% | +0.2% | +1.0% |
| Aug 1 | B. Riley Securities | Maintains | Sell → Sell | — | $11.64 | $11.68 | +0.3% | -0.3% | -3.4% | -3.2% | +3.2% | +1.2% |
| Aug 1 | Keefe, Bruyette & Woods | Maintains | Underperform → Underperform | — | $11.64 | $11.68 | +0.3% | -0.3% | -3.4% | -3.2% | +3.2% | +1.2% |
| Mar 18 | UBS | Maintains | Neutral → Neutral | — | $11.65 | $11.50 | -1.3% | -2.6% | -0.4% | -0.6% | +1.0% | -1.2% |
| Mar 12 | Keefe, Bruyette & Woods | Maintains | Underperform → Underperform | — | $11.98 | $11.99 | +0.1% | -2.3% | -1.0% | -0.4% | +1.0% | -2.6% |
| Mar 1 | Oppenheimer | Maintains | Perform → Perform | — | $11.94 | $11.90 | -0.3% | -0.3% | +0.3% | -0.9% | -0.8% | -1.3% |
| Feb 28 | Ladenburg Thalmann | Downgrade | Buy → Neutral | — | $13.10 | $12.92 | -1.4% | -6.9% | -2.1% | -0.3% | +0.3% | -0.9% |
| Jan 8 | B. Riley Securities | Downgrade | Neutral → Sell | — | $13.62 | $13.47 | -1.1% | -0.2% | -2.1% | +0.9% | +0.7% | +0.8% |
| Oct 17 | Compass Point | Downgrade | Neutral → Sell | — | $12.41 | $12.01 | -3.2% | -4.3% | +0.0% | -2.5% | -0.4% | -3.0% |
| Sep 27 | Compass Point | Upgrade | Sell → Neutral | — | $11.38 | $11.58 | +1.8% | +1.3% | +2.4% | +0.6% | -0.8% | -1.6% |
| Aug 4 | Compass Point | Downgrade | Neutral → Sell | — | $13.19 | $13.04 | -1.1% | -5.9% | -1.7% | +0.1% | +0.0% | +0.6% |
| Aug 3 | Oppenheimer | Maintains | Perform → Perform | — | $13.27 | $13.25 | -0.2% | -0.6% | -5.9% | -1.7% | +0.1% | +0.0% |
| Jul 11 | Compass Point | Maintains | Neutral → Neutral | — | $12.45 | $12.50 | +0.4% | +0.1% | +1.4% | +2.8% | -0.5% | -2.6% |
| Apr 11 | Ladenburg Thalmann | Maintains | Buy → Buy | — | $11.42 | $11.55 | +1.1% | +0.8% | +0.3% | +1.4% | -0.3% | +0.1% |
| Dec 20 | Keefe, Bruyette & Woods | Downgrade | Market Perform → Underperform | — | $12.01 | $11.64 | -3.1% | -8.0% | +3.1% | +2.1% | -0.2% | +2.0% |
| Oct 5 | Janney Montgomery Scott | Maintains | Neutral → Neutral | — | $10.67 | $10.50 | -1.6% | -1.9% | -1.8% | -1.4% | -1.3% | +1.1% |
| Sep 9 | UBS | Maintains | Neutral → Neutral | — | $12.27 | $12.31 | +0.3% | +0.7% | +1.2% | -1.5% | -1.0% | -0.7% |
| May 5 | Compass Point | Upgrade | Sell → Neutral | — | $12.60 | $12.69 | +0.7% | +1.5% | -1.9% | -3.6% | +0.0% | -0.7% |
| Sep 23 | National Securities | Maintains | Neutral → Neutral | — | $12.10 | $12.11 | +0.1% | -1.1% | -2.8% | +2.3% | +3.1% | -0.7% |
| Apr 30 | B. Riley Securities | Maintains | Neutral → Neutral | — | $9.30 | $9.24 | -0.6% | +3.3% | -3.6% | -2.5% | -0.6% | +5.3% |
| Apr 30 | B. Riley FBR | Maintains | Neutral → Neutral | — | $9.30 | $9.24 | -0.6% | +3.3% | -3.6% | -2.5% | -0.6% | +5.3% |
| Apr 30 | Aegis Capital | Maintains | Buy → Buy | — | $9.30 | $9.24 | -0.6% | +3.3% | -3.6% | -2.5% | -0.6% | +5.3% |
| Mar 24 | B. Riley Securities | Maintains | Neutral → Neutral | — | $5.96 | $7.01 | +17.6% | +9.4% | +15.3% | +24.2% | +1.0% | -18.1% |
| Mar 24 | B. Riley FBR | Maintains | Neutral → Neutral | — | $5.96 | $7.01 | +17.6% | +9.4% | +15.3% | +24.2% | +1.0% | -18.1% |
| Mar 4 | Aegis | Upgrade | Hold → Buy | — | $11.96 | $12.92 | +8.0% | +11.0% | -3.4% | -2.3% | -7.8% | +5.5% |
| Mar 4 | Aegis Capital | Upgrade | Hold → Buy | — | $11.96 | $12.92 | +8.0% | +11.0% | -3.4% | -2.3% | -7.8% | +5.5% |
| Feb 28 | Compass Point | Upgrade | Sell → Neutral | — | $11.55 | $11.05 | -4.3% | -6.1% | +13.5% | -2.8% | +11.0% | -3.4% |
| Feb 4 | B. Riley FBR | Maintains | Neutral → Neutral | — | $12.79 | $12.73 | -0.5% | +0.5% | +3.1% | +0.3% | +0.0% | -0.5% |
| Feb 4 | B. Riley | Maintains | Neutral → Neutral | — | $12.79 | $12.73 | -0.5% | +0.5% | +3.1% | +0.3% | +0.0% | -0.5% |
| Jan 6 | Aegis | Maintains | Hold → Hold | — | $13.02 | $13.05 | +0.2% | +0.5% | +0.3% | +0.3% | +0.6% | +1.0% |
| Oct 29 | Janney Capital | Maintains | Neutral → Neutral | — | $12.18 | $12.18 | +0.0% | -0.1% | +1.8% | +0.8% | -0.1% | +0.1% |
| Mar 7 | Maxim Group | Maintains | Buy → Buy | — | $13.06 | $13.03 | -0.2% | -0.4% | +0.0% | +3.1% | -0.5% | +0.1% |
| Oct 22 | Keefe, Bruyette & Woods | Downgrade | Market Perform → Underperform | — | $11.46 | $11.20 | -2.3% | -1.6% | -5.0% | -4.5% | -1.6% | +1.5% |
| Oct 22 | Keefe Bruyette & Woods | Downgrade | Market Perform → Underperform | — | $11.46 | $11.20 | -2.3% | -1.6% | -5.0% | -4.5% | -1.6% | +1.5% |
| Aug 1 | Compass Point | Downgrade | Neutral → Sell | — | $10.74 | $10.50 | -2.2% | +0.7% | +1.3% | +0.5% | +2.0% | +0.8% |
| Jan 9 | Wells Fargo | Downgrade | Market Perform → Underperform | — | $11.69 | $11.34 | -3.0% | -3.3% | -1.6% | +0.4% | +3.1% | -1.0% |
| Nov 2 | Raymond James | Upgrade | Underperform → Market Perform | — | $11.00 | $11.25 | +2.3% | -0.1% | -0.4% | +1.6% | -0.4% | +1.6% |
| Aug 23 | Maxim Group | Upgrade | Hold → Buy | — | $10.09 | $10.30 | +2.1% | +1.8% | -0.7% | +0.3% | -0.4% | +1.0% |
| Aug 3 | Raymond James | Downgrade | Market Perform → Underperform | — | $11.01 | $10.58 | -3.9% | -2.3% | +0.3% | -0.4% | +1.0% | -2.5% |
| Nov 9 | Compass Point | Downgrade | Neutral → Sell | — | $10.79 | $10.35 | -4.1% | -1.1% | +2.5% | +1.1% | -1.1% | +2.3% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 10, 2026 | Trolio Daniel R.Off | Executive VP and CFO | Buy | 11,500 | $4.34 | $50K | 15,023 | +2.93% | -5.26% |
| Jun 9, 2026 | ALLISON THOMAS J. | — | Buy | 6,000 | $4.36 | $26K | 56,617 | -4.60% | +1.93% |
| Jun 9, 2026 | O'Connor Kimberley AnnDir | — | Buy | 10,000 | $4.37 | $44K | 10,000 | -4.60% | +1.93% |
| Jun 9, 2026 | ALLISON THOMAS J. | — | Buy | 6,000 | $4.36 | $26K | 55,926 | +2.93% | -5.26% |
| Jun 9, 2026 | Balkin MichaelDir/Off | Chief Executive Officer | Buy | 100,000 | $4.34 | $434K | 223,527 | +2.93% | -5.26% |
| Jun 9, 2026 | Seitz Paul GOff | Chief Investment Officer | Buy | 11,477 | $4.35 | $50K | 12,242 | +2.93% | -5.26% |
| Jun 9, 2026 | Goodman Jonathan JosephDir | — | Buy | 6,000 | $4.33 | $26K | 8,312 | +2.93% | -5.26% |
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
HRZN shareholders approved issuing new shares to acquire MRCC's assets, signaling management's confidence in the deal's value but diluting existing shareholders' ownership stakes.
Mar 16
8-K · 8.01
!! High
Horizon Technology Finance Corporation -- 8-K 8.01: Material Event / Announcement
Horizon Technology Finance faces multiple shareholder class action lawsuits challenging a merger transaction and board actions, creating litigation risk and potential financial liability for the company.
Mar 6
8-K · 7.01
! Medium
Monroe Capital Corporation -- 8-K 7.01: Regulation FD Disclosure
Monroe Capital's disclosure of material information to investors signals potential changes in portfolio performance or dividend capacity, directly affecting shareholder returns and the company's business development company valuation.
Mar 5
8-K · 8.01
!! High
Horizon Technology Finance Corporation -- 8-K 8.01: Material Event / Announcement
Horizon Technology Finance will distribute $0.06 monthly dividends through June 2026, totaling $0.18 per share, providing consistent income for HRZN shareholders.
Mar 3
8-K
Horizon Technology Finance Corporation -- 8-K Filing
Horizon Technology Finance's fourth-quarter net investment income was pressured by reduced prepayments, while net asset value declined as distributions exceeded realized investment gains.
Mar 3
8-K · 1.01
! Medium
Horizon Technology Finance Corporation -- 8-K 1.01: Financing / Debt Agreement
Horizon Technology Finance amended its credit facility agreement with KeyBank as agent, adding HCII as collateral custodian and backup servicer to strengthen operational oversight and loan servicing capabilities.
Feb 11
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Green Alpha Advisors, Llc | 590,141 | $2M | Added | Mar 2026 |
| 2 | Morgan Stanley | 153,730 | $992K | Added | Dec 2025 |
| 3 | Connecticut Wealth Management, Llc | 213,811 | $900K | — | Mar 2026 |
| 4 | Marshall Wace, Llp | 171,778 | $723K | Reduced | Mar 2026 |
| 5 | Two Sigma Investments, Lp | 150,179 | $632K | Reduced | Mar 2026 |
| 6 | Ubs Group Ag | 144,136 | $607K | Added | Mar 2026 |
| 7 | Virtus Investment Advisers, Llc | 143,968 | $606K | Reduced | Mar 2026 |
| 8 | Jane Street Group, Llc | 82,290 | $531K | New | Dec 2025 |
| 9 | Millennium Management | 75,968 | $320K | Added | Mar 2026 |
| 10 | First Financial Bank - Trust Division | 65,573 | $276K | — | Mar 2026 |
| 11 | Bank Of America Corp /de/ | 60,953 | $257K | Added | Mar 2026 |
| 12 | Pathstone Holdings, Llc | 51,797 | $221K | Added | Mar 2026 |
| 13 | Regal Investment Advisors Llc | 43,553 | $183K | Reduced | Mar 2026 |
| 14 | Jackson Thornton Wealth Management, Llc | 33,018 | $149K | Reduced | Mar 2026 |
| 15 | Aqr Capital Management Llc | 33,018 | $139K | Reduced | Mar 2026 |
| 16 | Wells Fargo & Company/mn | 27,684 | $117K | New | Mar 2026 |
| 17 | Royal Bank Of Canada | 20,411 | $86K | Added | Mar 2026 |
| 18 | Prime Capital Investment Advisors, Llc | 12,185 | $79K | — | Dec 2025 |
| 19 | Raymond James Financial Inc | 13,733 | $58K | Reduced | Mar 2026 |
| 20 | Creative Financial Designs Inc /adv | 10,000 | $42K | New | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 2
All ↗
| # | Fund | Shares | Value | Period |
|---|---|---|---|---|
| 1 | Virtus Private Credit Strategy ETF | 171,077 | $1M | Jan 2026 |
| 2 | Fidelity Nasdaq Composite Index Fund | 7,992 | $48K | Feb 2026 |
Valuation
Market Cap
$195.3M
Enterprise Value
$452.7M
P/E (TTM)
9.03x
Forward P/E
5.99x
PEG Ratio
-0.01x
P/B
0.59x
P/S
2.51x
P/FCF
3.31x
EV/EBITDA
14.25x
Shares Out
42.3M
Financials (TTM)
Revenue
$74.8M
Net Income
$21.6M
EBITDA
$31.8M
Free Cash Flow
$56.6M
Op Cash Flow
$40.0M
EPS Basic
$1.05
EPS Diluted
$0.42
EPS Forward
$0.74
Gross Margin
60.3%
Op Margin
42.6%
Net Margin
28.8%
Balance Sheet
Total Assets
$811.1M
Total Liab.
$492.6M
Total Equity
$318.5M
Cash
$105.5M
LT Debt
$377.9M
Book Value/Sh
$7.52
Debt/Equity
1.49x
Current Ratio
1.24
Quick Ratio
1.24
Returns & Growth
ROE
-0.8%
ROA
-0.3%
ROIC
4.1%
Rev Growth YoY
+20.5%
EPS Growth YoY
+756.2%
Price Returns
2W
+1.2%
1M
+4.8%
3M
-26.3%
6M
-34.3%
12M
-42.0%
Technicals
52W High
$8.46
52W Low
$3.80
50d MA
$4.28
200d MA
$5.61
RSI (14)
43.20
ATR (14)
$0.19
Beta
1.09
Avg Volume
857K
Dividends
Div Rate
$1.25
Div Yield
29.7%
Frequency
12
Ex-Div Date
May 18, 2026
Analyst Price Targets
Consensus
$6.50
High
$6.50
Low
$6.50
Median
$6.50
Data updated apr 25, 2026 2:04pm
· Source: financialmodelingprep.com