Cornerstone Strategic Value Fund Inc. (CLM) Vice Chairman and President Joshua Bradshaw purchased 16,000 shares on October 20, 2026, for approximately $97,280, as disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction brought his reported holdings to 20,356 shares.
Key Takeaways
- Bradshaw paid $6.08 per share for the 16,000-share purchase.
- The fund recorded two insider purchases and no insider sales over the past year.
Table of Contents
- CLM insider buying adds to Bradshaw’s holdings
- Market capitalization and earnings multiple
- Closed-end structure matters to the comparison
CLM insider buying adds to Bradshaw’s holdings
The October 20 transaction accounted for all 16,000 shares Bradshaw purchased over the trailing 12 months. He reported no share sales during that period.
Market capitalization and earnings multiple
CLM had a market capitalization of $1.77 billion at the $6.08 share price. Its price-to-earnings ratio was 5.46, below both the industry median of 10.185 and the fund’s historical median.
Closed-end structure matters to the comparison
Cornerstone Strategic Value Fund is an externally managed closed-end investment company seeking long-term capital appreciation, primarily through equities of U.S. and non-U.S. companies.
Its exchange-traded shares can trade at a price different from net asset value.
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