On August 20, 2024, Melissa Weiler, Director at Blue Owl Capital Corp III (OBDE, Financial), purchased 12,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's total ownership in the company to 12,000 shares.
Blue Owl Capital Corp III operates as a private equity and real estate investment firm, focusing on direct lending and other financial investment strategies to support businesses across various industries.
The shares were bought at a price of $14.34 each, valuing the transaction at approximately $172,080. Following this purchase, the market cap of Blue Owl Capital Corp III stands at $1.76 billion.
The company's current price-earnings ratio is 7.10, which is below the industry median of 12.065, indicating a potentially undervalued stock according to the GF Value assessment.
Insider transaction trends for Blue Owl Capital Corp III show a cautious but positive buying pattern from insiders over the past year, with this purchase by Melissa Weiler being the only buy recorded during this period.
This insider buy might signal a confident outlook from the director about the firm's future performance. Investors often look at insider transactions as a sign of how the people within the company perceive the company's prospects and valuation.
For more detailed analysis and updates on insider transactions, visit gurufocus.com.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
