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A Guide To The Risks Of Investing In Golub Capital BDC Inc (GBDC)

Golub Capital BDC Inc’s recent filing unveils that its Chief Executive Officer Golub David acquired Company’s shares for reported $7.21 million on Jun 11 ’24. In the deal valued at $16.03 per share,450,000 shares were bought. As a result of this transaction, Golub David now holds 1,718,880 shares worth roughly $27.38 million.

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Then, Golub Lawrence E bought 361,252 shares, generating $5,790,870 in total proceeds. Upon buying the shares at $16.03, the Chairman now owns 1,718,880 shares.

Before that, Golub Lawrence E bought 62,267 shares. Golub Capital BDC Inc shares valued at $1,000,008 were divested by the Chairman at a price of $16.06 per share. As a result of the transaction, Golub Lawrence E now holds 1,268,880 shares, worth roughly $20.21 million.

Raymond James downgraded its Golub Capital BDC Inc [GBDC] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Raymond James also remained covering GBDC and has increased its forecast on August 09, 2023 with a “an Outperform” recommendation from previously “Mkt perform” rating. Wells Fargo revised its rating on April 18, 2023. It rated GBDC as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of GBDC

On Monday, Golub Capital BDC Inc [NASDAQ:GBDC] saw its stock jump 1.01% to $15.93. Over the last five days, the stock has gained 1.40%. Golub Capital BDC Inc shares have risen nearly 6.70% since the year began. Nevertheless, the stocks have risen 21.31% over the past one year. While a 52-week high of $17.60 was reached on 04/30/24, a 52-week low of $12.99 was recorded on 01/03/24. SMA at 50 days reached $16.26, while 200 days put it at $15.54.

Levels Of Support And Resistance For GBDC Stock

The 24-hour chart illustrates a support level at 15.82, which if violated will result in even more drops to 15.71. On the upside, there is a resistance level at 15.99. A further resistance level may holdings at 16.06. The Relative Strength Index (RSI) on the 14-day chart is 51.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.71%. Stochastics%K at 76.19% indicates the stock is a holding.

The most recent change occurred on September 22, 2021 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $16 price target.

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