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Analyzing Golub Capital BDC Inc (GBDC) After Recent Trading Activity

Golub Capital BDC Inc’s recently made public that its Director Rival Anita J. acquired Company’s shares for reported $43110.0 on Aug 09 ’24. In the deal valued at $14.37 per share,3,000 shares were bought. As a result of this transaction, Rival Anita J. now holds 26,291 shares worth roughly $0.38 million.

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Then, Rival Anita J. bought 26,000 shares, generating $374,400 in total proceeds. Upon buying the shares at $14.40, the Director now owns 95,000 shares.

Before that, Rival Anita J. bought 2,000 shares. Golub Capital BDC Inc shares valued at $28,580 were divested by the Director at a price of $14.29 per share. As a result of the transaction, Rival Anita J. now holds 23,291 shares, worth roughly $0.33 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 fall -0.28% to $14.36. Over the last five days, the stock has lost -1.03%. Golub Capital BDC Inc shares have fallen nearly -3.82% since the year began. Nevertheless, the stocks have fallen -1.07% over the past one year. While a 52-week high of $17.60 was reached on 04/30/24, a 52-week low of $13.73 was recorded on 08/06/24. SMA at 50 days reached $15.56, while 200 days put it at $15.65.

Levels Of Support And Resistance For GBDC Stock

The 24-hour chart illustrates a support level at 14.29, which if violated will result in even more drops to 14.22. On the upside, there is a resistance level at 14.48. A further resistance level may holdings at 14.59. The Relative Strength Index (RSI) on the 14-day chart is 22.84, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.00%. Stochastics%K at 20.97% indicates the stock is a holding.

How much short interest is there in Golub Capital BDC Inc?

A steep rise in short interest was recorded in Golub Capital BDC Inc stocks on , growing by 99295.0 shares to a total of 2.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 2.03 million shares. There was a rise of 4.67%, which implies that there is a positive sentiment for the stock.

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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