Insider Buying: Barings BDC Inc (NYSE:BBDC) Insider Acquires $463,202.00 in Stock

Barings BDC Inc (NYSE:BBDC) insider Barings Llc purchased 48,200 shares of the business’s stock in a transaction on Friday, January 18th. The stock was acquired at an average price of $9.61 per share, with a total value of $463,202.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Barings Llc also recently made the following trade(s):

  • On Friday, February 8th, Barings Llc bought 30,441 shares of Barings BDC stock. The stock was purchased at an average price of $9.68 per share, for a total transaction of $294,668.88.
  • On Wednesday, February 6th, Barings Llc purchased 29,330 shares of Barings BDC stock. The shares were purchased at an average cost of $9.81 per share, with a total value of $287,727.30.
  • On Monday, February 4th, Barings Llc bought 21,661 shares of Barings BDC stock. The stock was acquired at an average cost of $9.87 per share, for a total transaction of $213,794.07.
  • On Thursday, January 31st, Barings Llc acquired 64,805 shares of Barings BDC stock. The shares were purchased at an average cost of $9.87 per share, for a total transaction of $639,625.35.
  • On Monday, January 28th, Barings Llc purchased 25,000 shares of Barings BDC stock. The shares were acquired at an average price of $9.73 per share, for a total transaction of $243,250.00.
  • On Thursday, January 24th, Barings Llc acquired 14,700 shares of Barings BDC stock. The stock was purchased at an average cost of $9.73 per share, with a total value of $143,031.00.
  • On Tuesday, January 22nd, Barings Llc bought 47,400 shares of Barings BDC stock. The stock was purchased at an average price of $9.60 per share, with a total value of $455,040.00.
  • On Wednesday, January 16th, Barings Llc purchased 24,800 shares of Barings BDC stock. The stock was bought at an average price of $9.69 per share, with a total value of $240,312.00.
  • On Monday, January 14th, Barings Llc acquired 52,350 shares of Barings BDC stock. The shares were purchased at an average price of $9.71 per share, for a total transaction of $508,318.50.
  • On Friday, January 11th, Barings Llc bought 24,326 shares of Barings BDC stock. The shares were bought at an average cost of $9.70 per share, with a total value of $235,962.20.

BBDC opened at $9.75 on Thursday. The company has a market capitalization of $494.38 million, a PE ratio of 6.29 and a beta of 0.81. Barings BDC Inc has a 12 month low of $8.70 and a 12 month high of $12.40. The company has a quick ratio of 224.44, a current ratio of 224.44 and a debt-to-equity ratio of 1.25.

Institutional investors have recently added to or reduced their stakes in the stock. Bulldog Investors LLC bought a new stake in shares of Barings BDC during the 3rd quarter valued at approximately $7,928,000. BW Gestao de Investimentos Ltda. purchased a new position in shares of Barings BDC during the 3rd quarter valued at about $451,000. Legal & General Group Plc bought a new position in shares of Barings BDC in the 3rd quarter worth $1,860,000. Southside Capital LLC acquired a new stake in shares of Barings BDC in the fourth quarter valued at approximately $2,142,000. Finally, Joel Isaacson & Co. LLC purchased a new position in shares of Barings BDC during the fourth quarter worth $145,000. 59.63% of the stock is owned by institutional investors and hedge funds.

BBDC has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Barings BDC from a “hold” rating to a “buy” rating in a report on Monday, November 12th. National Securities reissued a “neutral” rating and issued a $13.00 price target on shares of Barings BDC in a research note on Tuesday, November 13th. Zacks Investment Research raised Barings BDC from a “sell” rating to a “hold” rating in a research report on Tuesday, November 13th. TheStreet downgraded Barings BDC from a “c-” rating to a “d+” rating in a research note on Thursday, November 29th. Finally, Compass Point assumed coverage on shares of Barings BDC in a research report on Monday, February 4th. They issued a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $13.00.

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About Barings BDC

Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.

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Insider Buying and Selling by Quarter for Barings BDC (NYSE:BBDC)

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