An Evaluation Of BlackRock Technology and Private Equity Term Trust (NYSE: BTX) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

BTX belongs to the Financial sector of the NYSE while operating in the Asset Management industry. The current market capitalization of BlackRock Technology and Private Equity Term Trust is $1.47B. A total of 0.56 million shares were traded on the day, compared to an average of 778.72K shares.

In the most recent transaction, Saba Capital Management, L.P. bought 59,630 shares of BTX for 7.69 per share on Jan 07 ’25. After the transaction, the 10% Owner now owns 60,675,395 company shares. In a previous transaction on Jan 06 ’25, Saba Capital Management, L.P. bought 282,123 shares at 7.72 per share. BTX shares that 10% Owner owns now total 60,615,765.

Among the insiders who bought shares, Saba Capital Management, L.P. acquired of 106,617 shares on Jan 02 ’25 at a per-share price of $7.46. This resulted in the 10% Owner holding 60,262,743 shares of BTX after the transaction. In another insider transaction, Saba Capital Management, L.P. bought 70,899 shares at $7.57 per share on Jan 03 ’25. Company shares held by the 10% Owner now total 60,333,642.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. BlackRock Technology and Private Equity Term Trust pays an annual dividend of $1.00, resulting in a dividend yield of 14.53%, and it has a price to earnings (P/E) ratio of 40.47. BTX’s most recent ex-dividend date was when it declared a $0.0862 quarterly dividend that was paid in cash on 3/14/2025.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, BTX has a high of $8.31 and a low of $5.10.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BTX is Buy with a score of 3.00.

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