In a filing, Barings BDC Inc revealed its Officer of Adviser Freno Michael acquired Company’s shares for reported $0.27 million on May 09 ’24. In the deal valued at $9.73 per share,27,500 shares were bought. As a result of this transaction, Freno Michael now holds 71,145 shares worth roughly $0.68 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, BYERS STEPHEN R bought 570 shares, generating $5,529 in total proceeds. Upon buying the shares at $9.70, the Director now owns 21,647 shares.
Before that, BYERS STEPHEN R bought 400 shares. Barings BDC Inc shares valued at $3,210 were divested by the Director at a price of $8.03 per share. As a result of the transaction, BYERS STEPHEN R now holds 21,077 shares, worth roughly $0.2 million.
Wells Fargo downgraded its Barings BDC Inc [BBDC] rating to an Equal weight from a an Overweight in a research note published on November 13, 2023; the price target was decreased to $8.50 from $9. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Perform”. Keefe Bruyette also remained covering BBDC and has decreased its forecast on November 14, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on August 11, 2022. It rated BBDC as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of BBDC
On Tuesday, Barings BDC Inc [NYSE:BBDC] saw its stock fall -0.83% to $9.51. Over the last five days, the stock has lost -3.45%. Barings BDC Inc shares have risen nearly 10.84% since the year began. Nevertheless, the stocks have risen 23.03% over the past one year. While a 52-week high of $10.27 was reached on 06/03/24, a 52-week low of $7.58 was recorded on 01/02/24. SMA at 50 days reached $9.61, while 200 days put it at $9.16.
Levels Of Support And Resistance For BBDC Stock
The 24-hour chart illustrates a support level at 9.46, which if violated will result in even more drops to 9.41. On the upside, there is a resistance level at 9.58. A further resistance level may holdings at 9.65. The Relative Strength Index (RSI) on the 14-day chart is 37.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.20%. Stochastics %K at 8.82% indicates the stock is a buying.
The most recent change occurred on October 08, 2021 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $12 price target.
