David Golub Buys 2,000 Shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) Stock

Golub Capital BDC, Inc. (NASDAQ:GBDC) CEO David Golub acquired 2,000 shares of the company’s stock in a transaction on Monday, June 7th. The shares were acquired at an average price of $16.01 per share, for a total transaction of $32,020.00. Following the completion of the acquisition, the chief executive officer now directly owns 125,389 shares in the company, valued at $2,007,477.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Wednesday, May 26th, David Golub acquired 2,000 shares of Golub Capital BDC stock. The shares were acquired at an average price of $15.64 per share, for a total transaction of $31,280.00.
  • On Monday, May 24th, David Golub acquired 2,000 shares of Golub Capital BDC stock. The shares were acquired at an average price of $15.60 per share, for a total transaction of $31,200.00.
  • On Friday, May 21st, David Golub bought 4,677 shares of Golub Capital BDC stock. The stock was purchased at an average price of $15.47 per share, with a total value of $72,353.19.
  • On Wednesday, May 19th, David Golub bought 5,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $15.33 per share, with a total value of $76,650.00.
  • On Thursday, May 13th, David Golub bought 6,902 shares of Golub Capital BDC stock. The stock was purchased at an average price of $15.00 per share, with a total value of $103,530.00.
  • On Monday, March 29th, David Golub bought 2,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $14.98 per share, with a total value of $29,960.00.
  • On Friday, March 26th, David Golub bought 2,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $14.95 per share, with a total value of $29,900.00.
  • On Monday, March 22nd, David Golub bought 2,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $14.87 per share, with a total value of $29,740.00.
  • On Wednesday, March 17th, David Golub bought 2,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $14.67 per share, with a total value of $29,340.00.
  • On Monday, March 15th, David Golub bought 2,000 shares of Golub Capital BDC stock. The stock was purchased at an average price of $14.83 per share, with a total value of $29,660.00.

NASDAQ:GBDC opened at $15.45 on Friday. Golub Capital BDC, Inc. has a 12-month low of $11.14 and a 12-month high of $16.22. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 5.92 and a beta of 0.69. The company has a quick ratio of 5.80, a current ratio of 5.80 and a debt-to-equity ratio of 0.83. The firm’s 50 day moving average is $15.51.

Golub Capital BDC (NASDAQ:GBDC) last released its quarterly earnings data on Sunday, May 9th. The investment management company reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.26. Golub Capital BDC had a return on equity of 7.66% and a net margin of 143.01%. The business had revenue of $76.20 million during the quarter, compared to analyst estimates of $75.75 million. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Golub Capital BDC, Inc. will post 1.17 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 29th. Shareholders of record on Friday, June 11th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 7.51%. The ex-dividend date is Thursday, June 10th. Golub Capital BDC’s payout ratio is currently 95.08%.

GBDC has been the subject of several research reports. TheStreet upgraded Golub Capital BDC from a “c+” rating to a “b-” rating in a research report on Tuesday, June 1st. Zacks Investment Research lowered Golub Capital BDC from a “buy” rating to a “hold” rating in a research report on Tuesday, April 13th.

A number of institutional investors have recently made changes to their positions in GBDC. Cerity Partners LLC raised its stake in Golub Capital BDC by 3,765.0% during the 4th quarter. Cerity Partners LLC now owns 1,895,304 shares of the investment management company’s stock valued at $26,800,000 after acquiring an additional 1,846,266 shares in the last quarter. HighTower Advisors LLC raised its stake in Golub Capital BDC by 301.7% during the 4th quarter. HighTower Advisors LLC now owns 2,341,134 shares of the investment management company’s stock valued at $33,109,000 after acquiring an additional 1,758,314 shares in the last quarter. Sage Mountain Advisors LLC bought a new stake in Golub Capital BDC during the 4th quarter valued at $14,218,000. JPMorgan Chase & Co. raised its stake in Golub Capital BDC by 42.2% during the 4th quarter. JPMorgan Chase & Co. now owns 3,332,224 shares of the investment management company’s stock valued at $47,118,000 after acquiring an additional 988,484 shares in the last quarter. Finally, Ares Management LLC raised its stake in Golub Capital BDC by 105.1% during the 1st quarter. Ares Management LLC now owns 1,666,683 shares of the investment management company’s stock valued at $24,367,000 after acquiring an additional 854,160 shares in the last quarter. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

About Golub Capital BDC

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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Insider Buying and Selling by Quarter for Golub Capital BDC (NASDAQ:GBDC)

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