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 $1.59 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 $0.96 million.
BofA Securities downgraded its Carlyle Secured Lending Inc [CGBD] rating to an Underperform from a a Buy in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late July from “a Neutral” to “an Underweight”. B. Riley Securities began covering CGBD with “Neutral” recommendation on July 28, 2023. JP Morgan revised its rating on September 06, 2022. It rated CGBD as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CGBD
On Monday, Carlyle Secured Lending Inc [NASDAQ:CGBD] saw its stock fall -3.23% to $16.18. Over the last five days, the stock has lost -2.06%. Carlyle Secured Lending Inc shares have fallen nearly -9.50% since the year began. Nevertheless, the stocks have risen 0.77% over the past one year. While a 52-week high of $18.61 was reached on 01/29/25, a 52-week low of $14.91 was recorded on 03/31/25. SMA at 50 days reached $17.59, while 200 days put it at $17.42.
Levels Of Support And Resistance For CGBD Stock
The 24-hour chart illustrates a support level at 15.82, which if violated will result in even more drops to 15.47. On the upside, there is a resistance level at 16.56. A further resistance level may holdings at 16.95. The Relative Strength Index (RSI) on the 14-day chart is 34.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.70%. Stochastics %K at 33.14% 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 2025-03-14, dropping by 57452.0 shares to a total of 0.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.4 million shares. There was a decline of -16.68%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 16, 2021 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating along with a $15 price target.
