PSEC stock is currently trading at a significant discount to its net asset value (NAV), with a price-to-NAV ratio of approximately 0.55x, suggesting potential upside if sentiment improves. The recent 25% dividend cut has stabilized its payout at a 12% yield, which remains attractive for income investors. Heavy insider buying, including a $9 million purchase by the CEO, indicates confidence in the stock's rebound potential despite recent challenges.