Carlyle Secured Lending Inc’s recently made public that its Director Jenkins Mark David acquired Company’s shares for reported $63954.0 on Aug 29 ’24. In the deal valued at $16.83 per share,3,800 shares were bought. As a result of this transaction, Jenkins Mark David now holds 29,519 shares worth roughly $0.5 million.
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Then, Jenkins Mark David bought 1,000 shares, generating $16,740 in total proceeds. Upon buying the shares at $16.74, the Director now owns 25,719 shares.
Before that, Hennigan Thomas M sold 3,550 shares. Carlyle Secured Lending Inc shares valued at $64,255 were divested by the CFO at a price of $18.10 per share. As a result of the transaction, Hennigan Thomas M now holds 2,360 shares, worth roughly $40049.2.
JP Morgan downgraded its Carlyle Secured Lending Inc [CGBD] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late July with a ‘”a Neutral”‘ rating. JP Morgan also remained covering CGBD and has decreased its forecast on September 06, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Oppenheimer started covering the stock on December 16, 2021. It rated CGBD as “a Perform”.
Price Performance Review of CGBD
On Friday, Carlyle Secured Lending Inc [NASDAQ:CGBD] saw its stock jump 0.89% to $16.97. Over the last five days, the stock has gained 0.77%. Carlyle Secured Lending Inc shares have risen nearly 14.43% since the year began. Nevertheless, the stocks have risen 15.89% over the past one year. While a 52-week high of $18.74 was reached on 07/17/24, a 52-week low of $13.14 was recorded on 02/08/24. SMA at 50 days reached $17.40, while 200 days put it at $16.47.
Levels Of Support And Resistance For CGBD Stock
The 24-hour chart illustrates a support level at 16.88, which if violated will result in even more drops to 16.78. On the upside, there is a resistance level at 17.09. A further resistance level may holdings at 17.20. The Relative Strength Index (RSI) on the 14-day chart is 52.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.84%. Stochastics %K at 85.83% indicates the stock is a selling.
How much short interest is there in Carlyle Secured Lending Inc?
A steep rise in short interest was recorded in Carlyle Secured Lending Inc stocks on 2024-08-15, dropping by -0.14 million shares to a total of 0.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.39 million shares. There was a decline of -55.17%, which implies that there is a negative sentiment for the stock.
