Barings BDC Inc (BBDC) Insider Buys $119,520.00 in Stock

Barings BDC Inc (NASDAQ:BBDC) insider Barings Llc acquired 12,000 shares of the business’s stock in a transaction on Friday, November 23rd. The stock was acquired at an average price of $9.96 per share, with a total value of $119,520.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Wednesday, November 21st, Barings Llc purchased 69,000 shares of Barings BDC stock. The shares were purchased at an average price of $9.91 per share, with a total value of $683,790.00.
  • On Monday, November 19th, Barings Llc purchased 69,000 shares of Barings BDC stock. The shares were purchased at an average price of $10.08 per share, with a total value of $695,520.00.
  • On Friday, November 16th, Barings Llc purchased 65,600 shares of Barings BDC stock. The shares were purchased at an average price of $10.04 per share, with a total value of $658,624.00.
  • On Monday, November 12th, Barings Llc purchased 45,180 shares of Barings BDC stock. The shares were purchased at an average price of $10.22 per share, with a total value of $461,739.60.
  • On Thursday, November 8th, Barings Llc purchased 41,700 shares of Barings BDC stock. The shares were purchased at an average price of $10.11 per share, with a total value of $421,587.00.
  • On Monday, November 5th, Barings Llc acquired 25,500 shares of Barings BDC stock. The shares were bought at an average cost of $10.01 per share, with a total value of $255,255.00.
  • On Friday, November 2nd, Barings Llc acquired 48,200 shares of Barings BDC stock. The shares were bought at an average cost of $10.05 per share, with a total value of $484,410.00.
  • On Wednesday, October 31st, Barings Llc purchased 49,200 shares of Barings BDC stock. The stock was acquired at an average cost of $10.08 per share, with a total value of $495,936.00.
  • On Monday, October 29th, Barings Llc purchased 49,200 shares of Barings BDC stock. The stock was acquired at an average cost of $10.01 per share, with a total value of $492,492.00.
  • On Friday, October 26th, Barings Llc purchased 49,969 shares of Barings BDC stock. The stock was acquired at an average cost of $10.00 per share, with a total value of $499,690.00.

BBDC stock traded down $0.01 during trading on Monday, reaching $9.94. 992 shares of the company were exchanged, compared to its average volume of 410,906. Barings BDC Inc has a 52-week low of $9.21 and a 52-week high of $12.40.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 21st. Investors of record on Friday, December 14th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.40 dividend on an annualized basis and a yield of 4.02%. This is an increase from Barings BDC’s previous quarterly dividend of $0.03.

A number of hedge funds have recently added to or reduced their stakes in BBDC. Bulldog Investors LLC purchased a new stake in shares of Barings BDC in the third quarter valued at about $7,928,000. Morgan Stanley acquired a new position in shares of Barings BDC in the third quarter worth about $761,000. Legal & General Group Plc acquired a new position in shares of Barings BDC in the third quarter worth about $1,860,000. BW Gestao de Investimentos Ltda. acquired a new position in shares of Barings BDC in the third quarter worth about $451,000. Finally, Rivernorth Capital Management LLC acquired a new position in shares of Barings BDC in the third quarter worth about $15,292,000.

A number of analysts recently commented on the stock. Zacks Investment Research raised shares of Barings BDC from a “sell” rating to a “hold” rating in a report on Tuesday, November 20th. Raymond James raised shares of Barings BDC from an “underperform” rating to an “outperform” rating in a report on Tuesday, September 11th.

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About Barings BDC

Triangle Capital Corp. engages in the provision of customized financing primarily to lower middle market companies. Its investment objective is to seek returns by generating current income from our debt investments, and capital appreciation from our equity-related investments. Its portfolio includes Aden and Anais, AGM Automotive, All Metals, American Silk, Avantor Performance Materials, and others.

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