Barings BDC Inc’s recent filing unveils that its Director BYERS STEPHEN R acquired Company’s shares for reported $82559.0 on Dec 13 ’24. In the deal valued at $9.73 per share,8,485 shares were bought. As a result of this transaction, BYERS STEPHEN R now holds 50,001 shares worth roughly $0.51 million.
Then, BYERS STEPHEN R bought 1,063 shares, generating $10,514 in total proceeds. Upon buying the shares at $9.89, the Director now owns 41,516 shares.
Before that, O’Connor Michael James sold 29,424 shares. Barings BDC Inc shares valued at $285,409 were divested by the Adviser Board Member at a price of $9.70 per share. As a result of the transaction, O’Connor Michael James now holds 0 shares, worth roughly $0.0.
Wells Fargo downgraded its Barings BDC Inc [BBDC] rating to an Equal weight from a an Overweight in a research note published on November 13, 2023; the price target was decreased to $8.50 from $9. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Perform”. Keefe Bruyette also remained covering BBDC and has decreased its forecast on November 14, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. Raymond James revised its rating on August 11, 2022. It rated BBDC as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of BBDC
On Tuesday, Barings BDC Inc [NYSE:BBDC] saw its stock fall -2.11% to $10.21. Over the last five days, the stock has lost -1.35%. Barings BDC Inc shares have risen nearly 6.69% since the year began. Nevertheless, the stocks have risen 11.22% over the past one year. While a 52-week high of $10.85 was reached on 02/24/25, a 52-week low of $8.96 was recorded on 01/13/25. SMA at 50 days reached $9.84, while 200 days put it at $9.86.
Levels Of Support And Resistance For BBDC Stock
The 24-hour chart illustrates a support level at 10.11, which if violated will result in even more drops to 10.00. On the upside, there is a resistance level at 10.39. A further resistance level may holdings at 10.57. The Relative Strength Index (RSI) on the 14-day chart is 52.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.20%. Stochastics %K at 56.42% indicates the stock is a holding.
The most recent change occurred on October 08, 2021 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $12 price target.
