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GBDC Ex-Dividend Reminder - 6/10/21
Tuesday, June 8, 10:43 AM ET, by Market News Video Staff

On 6/10/21, Golub Capital BDC Inc (GBDC) will trade ex-dividend, for its quarterly dividend of ...

First Week of February 2022 Options Trading For Golub Capital BDC
Monday, June 21, 11:26 AM ET, by Market News Video Staff

Investors in Golub Capital BDC Inc (GBDC) saw new options become available this week, for ...

Top Buys by Top Brass: Chief Executive Officer Golub's $5.6M Bet on GBDC
Wednesday, August 18, 1:06 PM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

Cash Dividend On The Way From Golub Capital BDC (GBDC)
Friday, September 3, 10:04 AM ET, by Market News Video Staff

On 9/7/21, Golub Capital BDC Inc (GBDC) will trade ex-dividend, for its quarterly dividend of ...

Golub Capital BDC (GBDC) Shares Cross Below 200 DMA
Monday, September 20, 3:10 PM ET, by Market News Video Staff

In trading on Monday, shares of Golub Capital BDC Inc (GBDC) crossed below their 200 ...

Insiders Now Seeing Red With GBDC At New 52-Week Low

By Market News Video Staff, Thursday, May 12, 4:10 PM ET
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In trading on Thursday, shares of Golub Capital BDC Inc (NASDAQ:GBDC) touched a new 52-week low of $14.42/share. That's a $1.81 share price drop, or -11.15% decline from the 52-week high of $16.23 set back on 02/10/2022. Large percentage drops always require that the stock post even larger percentage gains from the low in order to recover the old price point, and for GBDC that means the stock would have to gain 12.55% to get back to the 52-week high. For a move like that, Golub Capital BDC Inc would need fundamental strength at the business level.

Here's a rhetorical question: Who knows more about fundamentals at the business level than the company's own insiders? So let's take a look to see whether any company insiders were taking the other side of the trade as GBDC shares were being sold down to this new 52-week low, focusing on the most recent trailing six month period. As summarized by the table below, GBDC has seen 2 different instances of insiders buying over the past six months.

Purchased Insider Title Shares Price/Share Value
12/14/2021 Anita R. Rosenberg Director 10,000 $14.84 $148,378.19
12/13/2021 John Thomas Baily Director 10,000 $15.00 $149,991.61

In the short run, while the new 52-week low suggests the stock is at the cheapest price and perhaps therefore the best bargain it has been over the last 52 weeks, the low print also means anyone who has purchased the stock over that timeframe is staring at an unrealized loss. Oftentimes, that factor drives a stock's technical analysis metrics by creating overhead resistance, with investors who bought higher now anxious to reverse their trade once they are back to breakeven. The chart below shows where GBDC has traded over the past year, with the 50-day and 200-day moving averages included.

Golub Capital BDC Inc Moving Averages Chart

Time will tell whether the insider purchases foretell a future rebound for GBDC shares, which are presently showing a last trade of $14.50/share, slightly above the new 52-week low.

This Article's Word Cloud:   Anita   Baily   Bargains   Capital   Cheaper   Director   GBDC   Golub   Here   Insider   Insiders   John   Large   Oftentimes   Price   Purchased   Rosenberg   Share   Shares   Start   Than   That   Thomas   Thursday   Time   Title   back   below   business   company   from   high   insiders   last   level   means   over   past   percentage   price   share   shares   stock   that   trade   week   were   whether   with   would
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