Golub Capital BDC Inc (NASDAQ:GBDC) CEO David Golub Purchases 2,000 Shares

Golub Capital BDC Inc (NASDAQ:GBDC) CEO David Golub bought 2,000 shares of the business’s stock in a transaction dated Tuesday, October 13th. The shares were acquired at an average cost of $13.64 per share, for a total transaction of $27,280.00. Following the purchase, the chief executive officer now owns 125,389 shares of the company’s stock, valued at approximately $1,710,305.96. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

David Golub also recently made the following trade(s):

  • On Monday, October 5th, David Golub bought 2,000 shares of Golub Capital BDC stock. The shares were acquired at an average cost of $13.66 per share, for a total transaction of $27,320.00.
  • On Friday, October 2nd, David Golub bought 2,000 shares of Golub Capital BDC stock. The shares were acquired at an average cost of $13.83 per share, for a total transaction of $27,660.00.
  • On Wednesday, September 30th, David Golub bought 5,000 shares of Golub Capital BDC stock. The shares were acquired at an average cost of $13.22 per share, for a total transaction of $66,100.00.
  • On Friday, September 25th, David Golub bought 15,000 shares of Golub Capital BDC stock. The shares were acquired at an average cost of $12.91 per share, for a total transaction of $193,650.00.
  • On Monday, September 28th, David Golub acquired 20,000 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $12.99 per share, for a total transaction of $259,800.00.
  • On Wednesday, September 23rd, David Golub acquired 15,000 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $12.94 per share, for a total transaction of $194,100.00.
  • On Monday, September 21st, David Golub acquired 5,000 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $13.22 per share, for a total transaction of $66,100.00.
  • On Friday, September 18th, David Golub acquired 10,000 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $13.33 per share, for a total transaction of $133,300.00.
  • On Tuesday, September 8th, David Golub acquired 31,558 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $12.87 per share, for a total transaction of $406,151.46.
  • On Thursday, September 3rd, David Golub acquired 7,206 shares of Golub Capital BDC stock. The stock was purchased at an average cost of $13.15 per share, for a total transaction of $94,758.90.

Shares of GBDC opened at $13.46 on Friday. Golub Capital BDC Inc has a 12 month low of $9.08 and a 12 month high of $18.61. The stock has a fifty day moving average price of $13.29 and a 200-day moving average price of $12.05. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.85. The firm has a market cap of $2.25 billion, a PE ratio of -9.28 and a beta of 0.63.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Monday, August 10th. The investment management company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. Golub Capital BDC had a positive return on equity of 7.16% and a negative net margin of 41.24%. The firm had revenue of $73.21 million during the quarter, compared to analyst estimates of $71.14 million. As a group, research analysts forecast that Golub Capital BDC Inc will post 1.21 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, September 4th. This represents a $1.16 annualized dividend and a dividend yield of 8.62%. Golub Capital BDC’s dividend payout ratio is presently 91.34%.

Several research analysts recently issued reports on the company. TheStreet raised Golub Capital BDC from a “d+” rating to a “c-” rating in a research note on Friday, August 21st. Raymond James restated a “hold” rating on shares of Golub Capital BDC in a report on Wednesday, September 30th. BidaskClub lowered Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Thursday, September 24th. Finally, Zacks Investment Research lowered Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Friday, July 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Golub Capital BDC presently has a consensus rating of “Hold” and a consensus price target of $12.50.

Several institutional investors and hedge funds have recently modified their holdings of GBDC. Bank of New York Mellon Corp purchased a new stake in shares of Golub Capital BDC during the 1st quarter valued at $314,000. US Bancorp DE lifted its holdings in shares of Golub Capital BDC by 184.2% during the 1st quarter. US Bancorp DE now owns 15,879 shares of the investment management company’s stock valued at $199,000 after purchasing an additional 10,292 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of Golub Capital BDC by 8.3% during the 1st quarter. Legal & General Group Plc now owns 747,142 shares of the investment management company’s stock valued at $9,388,000 after purchasing an additional 57,154 shares during the last quarter. CIBC World Markets Inc. purchased a new stake in shares of Golub Capital BDC during the 1st quarter valued at $134,000. Finally, Jane Street Group LLC purchased a new position in Golub Capital BDC in the 1st quarter worth $243,000. Hedge funds and other institutional investors own 39.87% of the company’s stock.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. The company seeks to invest in the United States.

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