Golub Capital BDC Inc (NASDAQ: GBDC) is 6.02% higher on its value in year-to-date trading and has touched a low of $13.87 and a high of $17.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GBDC stock was last observed hovering at around $15.60 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $15.63, the stock is 1.75% and 2.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 0.19% at the moment leaves the stock 0.97% off its SMA200. GBDC registered 7.01% gain for a year compared to 6-month loss of -1.43%. The firm has a 50-day simple moving average (SMA 50) of $15.271 and a 200-day simple moving average (SMA200) of $15.67395.
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The stock witnessed a 5.30% gain in the last 1 month and extending the period to 3 months gives it a 5.58%, and is 1.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.12% over the week and 1.14% over the month.
Current P/E ratio is 9.83 and Fwd P/E is 9.09. Distance from 52-week low is 12.67% and -10.06% from its 52-week high.
The EPS is expected to shrink by -2.60% this year
The shares outstanding are 264.28M, and float is at 257.56M with Short Float at 1.00%.
The top institutional shareholder in the company is STRS OHIO with over 14.08 million shares valued at $221.16 million. The investor’s holdings represent 8.2499 of the GBDC Shares outstanding. As of 2024-06-30, the second largest holder is CI PRIVATE WEALTH, LLC with 6.85 million shares valued at $107.64 million to account for 4.0154 of the shares outstanding. The other top investors are ROCKEFELLER CAPITAL MANAGEMENT L.P. which holds 4.03 million shares representing 2.3628 and valued at over $63.34 million, while LINDBROOK CAPITAL, LLC holds 2.0817 of the shares totaling 3.55 million with a market value of $55.8 million.
Golub Capital BDC Inc (GBDC) Insider Activity
The most recent transaction is an insider purchase by Golub Lawrence E, the company’s Chairman. SEC filings show that Golub Lawrence E bought 20,000 shares of the company’s common stock on Sep 05 ’24 at a price of $14.91 per share for a total of $0.3 million. Following the purchase, the insider now owns 2.0 million shares.
Golub Capital BDC Inc disclosed in a document filed with the SEC on Sep 06 ’24 that Golub Lawrence E (Chairman) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $14.78 per share for $0.3 million. Following the transaction, the insider now directly holds 2.02 million shares of the GBDC stock.
Still, SEC filings show that on Sep 05 ’24, Golub David (Chief Executive Officer) acquired 20,000 shares at an average price of $14.91 for $0.3 million. The insider now directly holds 1,998,880 shares of Golub Capital BDC Inc (GBDC).
