Golub Capital BDC CEO David Golub Buys 5,000 Shares (GBDC)
Golub Capital BDC (NASDAQ:GBDC) CEO David Golub purchased 5,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 3rd. The shares were purchased at an average cost of $17.82 per share, for a total transaction of $89,100.00. Following the completion of the transaction, the chief executive officer now directly owns 100,311 shares of the company’s stock, valued at approximately $1,787,542. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Golub Capital BDC (NASDAQ:GBDC) traded up 0.17% during mid-day trading on Friday, hitting $17.54. The stock had a trading volume of 19,283 shares. Golub Capital BDC has a 52-week low of $15.57 and a 52-week high of $19.38. The stock has a 50-day moving average of $16.98 and a 200-day moving average of $17.3.
Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.03. The company had revenue of $28.02 million for the quarter, compared to the consensus estimate of $28.52 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 26th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 7.31%. The ex-dividend date is Friday, September 12th.
A number of research firms have recently commented on GBDC. Analysts at Raymond James reiterated an “outperform” rating on shares of Golub Capital BDC in a research note on Tuesday, August 12th. They now have a $17.50 price target on the stock, down previously from $18.50. Separately, analysts at Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Golub Capital BDC in a research note on Monday, August 11th. They now have a $17.25 price target on the stock, down previously from $17.50. Finally, analysts at Zacks upgraded shares of Golub Capital BDC from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 6th. They now have a $16.90 price target on the stock.
Golub Capital BDC, Inc (NASDAQ:GBDC) is an externally managed, closed-end, non-diversified management investment company.
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