Carlyle Secured Lending Inc’s filing revealed that its Director Jenkins Mark David acquired Company’s shares for reported $63819.0 on Nov 22 ’24. In the deal valued at $16.79 per share,3,801 shares were bought. As a result of this transaction, Jenkins Mark David now holds 98,320 shares worth roughly $1.77 million.
Then, Jenkins Mark David bought 35,000 shares, generating $582,400 in total proceeds. Upon buying the shares at $16.64, the Director now owns 94,519 shares.
Before that, Jenkins Mark David bought 30,000 shares. Carlyle Secured Lending Inc shares valued at $495,000 were divested by the Director at a price of $16.50 per share. As a result of the transaction, Jenkins Mark David now holds 59,519 shares, worth roughly $1.07 million.
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 0.39% to $18.00. Over the last five days, the stock has gained 0.90%. Carlyle Secured Lending Inc shares have risen nearly 21.86% since the year began. Nevertheless, the stocks have risen 18.38% over the past one year. While a 52-week high of $18.67 was reached on 07/17/24, a 52-week low of $14.57 was recorded on 02/08/24. SMA at 50 days reached $17.17, while 200 days put it at $17.19.
Levels Of Support And Resistance For CGBD Stock
The 24-hour chart illustrates a support level at 17.75, which if violated will result in even more drops to 17.50. On the upside, there is a resistance level at 18.29. A further resistance level may holdings at 18.58. The Relative Strength Index (RSI) on the 14-day chart is 65.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.97%. Stochastics %K at 64.75% indicates the stock is a holding.
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 2024-11-29, growing by 13090.0 shares to a total of 0.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.31 million shares. There was a rise of 4.02%, which implies that there is a positive sentiment for the stock.
