Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Barings BDC Inc shares valued at $82,559 were purchased by BYERS STEPHEN R on Dec 13 ’24. At $9.73 per share, BYERS STEPHEN R acquired 8,485 shares. The insider’s holdings grew to 50,001 shares worth approximately $0.52 million following the completion of this transaction.
Also, BYERS STEPHEN R purchased 1,063 shares, netting a total of over 10,514 in proceeds. Following the buying of shares at $9.89 each, the insider now holds 41,516 shares.
Before that, O’Connor Michael James had sold 29,424 shares from its account. In a trade valued at $285,409, the Adviser Board Member traded Barings BDC Inc shares for $9.70 each. Upon closing the transaction, the insider’s holdings decreased to 29,424 shares, worth approximately $0.0.
As published in a research note from Wells Fargo on November 13, 2023, Barings BDC Inc [BBDC] has been rated down from an Overweight to an Equal weight and the price target has been revised to $8.50 from $9. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in late February. As of November 14, 2022, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for BBDC. Earlier on August 11, 2022, Raymond James downgraded its rating. Their new recommendation was “an Outperform” for BBDC stock which previously was a “a Strong buy”.
Analyzing BBDC Stock Performance
During the last five days, there has been a surge of approximately 3.36%. Over the course of the year, Barings BDC Inc shares have jumped approximately 9.30%. Shares of the company reached a 52-week high of $10.47 on 02/19/25 and a 52-week low of $9.27 on 01/13/25. A 50-day SMA is recorded $9.79, while a 200-day SMA reached $9.84.
Support And Resistance Levels for Barings BDC Inc (BBDC)
According to the 24-hour chart, there is a support level at 10.35, which, if violated, would cause prices to drop to 10.23. In the upper region, resistance lies at 10.52. The next price resistance is at 10.58. RSI (Relative Strength Index) is 76.62 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.17, which suggests the price will decrease in the coming days. Percent R is at 0.95%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
