On November 15, 2024, Stephen Byers, Director at Barings BDC Inc (BBDC, Financial), purchased 14,915 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings to 40,452.755 shares.
Barings BDC Inc (BBDC, Financial) is a publicly traded business development company that primarily invests in middle market companies. It provides financing solutions including senior secured loans, mezzanine debt, and equity investments.
The insider transaction history for Barings BDC Inc shows a trend of more insider buying than selling over the past year. There have been three insider buys and zero insider sells during this period.
Shares of Barings BDC Inc were trading at $9.92 on the day of the transaction. The company has a market cap of approximately $1.05 billion. The price-earnings ratio of the stock is 9.13, which is below both the industry median of 11.35 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $10.72, making the price-to-GF-Value ratio 0.93. This suggests that the stock is Fairly Valued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This recent purchase by Director Stephen Byers could signal a positive outlook on the company's future performance from within the company's leadership.
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.
