Insider Buying: David Golub Purchases 31,504 Shares of Golub Capital BDC Stock (GBDC)
Golub Capital BDC (NASDAQ:GBDC) CEO David Golub purchased 31,504 shares of Golub Capital BDC stock in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average cost of $16.95 per share, for a total transaction of $533,992.80. Following the acquisition, the chief executive officer now directly owns 89,945 shares in the company. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Golub Capital BDC (NASDAQ:GBDC) from $17.00 to $18.00 in a research note to investors on Monday, August 12th.
Shares of Golub Capital BDC (NASDAQ:GBDC) traded up 0.53% during mid-day trading on Friday, hitting $17.14. 521,563 shares of the company’s stock traded hands. Golub Capital BDC has a 52-week low of $14.40 and a 52-week high of $18.75. The stock’s 50-day moving average is $17. and its 200-day moving average is $17.28.
Golub Capital BDC (NASDAQ:GBDC) last released its earnings data on Thursday, August 8th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $22.30 million for the quarter, compared to the consensus estimate of $20.79 million. During the same quarter in the previous year, the company posted $0.32 earnings per share.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 27th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 7.47%. The ex-dividend date is Wednesday, September 11th.
Golub Capital BDC, Inc (NASDAQ:GBDC) is an externally managed, closed-end, non-diversified management investment company.
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