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Kayne Anderson BDC Inc (KBDC) – Don’t Believe the Hype: Check The Facts

Kayne Anderson BDC Inc (NYSE: KBDC) is -4.65% lower on its value in year-to-date trading and has touched a low of $13.93 and a high of $17.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KBDC stock was last observed hovering at around $15.52 in the last trading session, with the day’s gains setting it 0.16%.

Currently trading at $15.68, the stock is -1.36% and -5.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 1.03% at the moment leaves the stock -3.70% off its SMA200. KBDC registered a gain of -1.52% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $16.5586 and a 200-day simple moving average (SMA200) of $16.41382.

The stock witnessed a -6.61% loss in the last 1 month and extending the period to 3 months gives it a -5.51%, and is 5.80% 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 3.52% over the week and 3.06% over the month.

Fwd P/E is 9.16. Distance from 52-week low is 12.56% and -12.34% from its 52-week high.

with sales reaching $58.43M over the same period.The EPS is expected to shrink by -16.23% this year, but quarterly earnings will post 15.74% year-over-year.

The shares outstanding are 71.06M, and float is at 52.28M with Short Float at 0.26%.

The top institutional shareholder in the company is ALYESKA INVESTMENT GROUP, L.P. with over 0.47 million shares valued at $7.56 million. The investor’s holdings represent 0.6665 of the KBDC Shares outstanding. As of 2024-06-30, the second largest holder is CALLODINE CAPITAL MANAGEMENT, LP with 0.25 million shares valued at $3.99 million to account for 0.3516 of the shares outstanding. The other top investors are FMR LLC which holds 0.12 million shares representing 0.1723 and valued at over $1.95 million, while CONFLUENCE INVESTMENT MANAGEMENT LLC holds 0.1266 of the shares totaling 90000.0 with a market value of $1.44 million.

Kayne Anderson BDC Inc (KBDC) Insider Activity

The most recent transaction is an insider purchase by SCHNABEL SUSAN C, the company’s Director. SEC filings show that SCHNABEL SUSAN C bought 2,500 shares of the company’s common stock on Dec 18 ’24 at a price of $16.54 per share for a total of $41350.0. Following the purchase, the insider now owns 8087.0 shares.

Kayne Anderson BDC Inc disclosed in a document filed with the SEC on Sep 18 ’24 that SCHNABEL SUSAN C (Director) bought a total of 472 shares of the company’s common stock. The trade occurred on Sep 18 ’24 and was made at $16.02 per share for $7561.0. Following the transaction, the insider now directly holds 5587.0 shares of the KBDC stock.

Still, SEC filings show that on Aug 22 ’24, SCHNABEL SUSAN C (Director) acquired 5,000 shares at an average price of $16.03 for $80150.0. The insider now directly holds 5,000 shares of Kayne Anderson BDC Inc (KBDC).

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