Barings BDC, Inc. insider trading
Every open-market purchase and sale by Barings BDC, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Barings BDC, Inc.’s insiders pay?
From November 9, 2011 to June 5, 2026, 30 insiders reported 159 open-market purchases and 10 sales not made under a pre-set plan in Barings BDC, Inc. Twelve months after each purchase was reported, the shares were −5.4% against the S&P 500 on average (median −8.7%), over 157 purchases with a full year of prices; 24% beat the index. After sales, the shares moved −15.5% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on November 10, 2011 into $38,442 by November 2, 2026, +9.4% a year. It held shares 81% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $50,128 (+11.4% a year), and held throughout $79,015 (+14.8%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Barings LLC | 10% owner | 90 | −9.2% (90) | 8% | 0 | — | February 8, 2019 |
| Byers Stephen R | Director | 6 | −16.7% (5) | 0% | 1 | — | December 10, 2025 |
| Knox C. Robert JR. | Principal Accounting Officer | 2 | −10.3% (2) | 0% | 4 | −23.2% (4) | December 20, 2018 |
| Rich Simon B. JR. | Director | 6 | +17.8% (6) | 83% | 0 | — | May 10, 2016 |
| Goldstein Benjamin S | Director | 3 | +3.3% (3) | 33% | 2 | +9.0% (2) | May 16, 2016 |
| Mcdonnell Thomas | Chief Executive Officer | 5 | +3.4% (4) | 50% | 0 | — | June 5, 2026 |
| Craddock Geoff | Other | 4 | +1.9% (4) | 50% | 0 | — | April 10, 2023 |
| Freno Michael | Other | 4 | −1.2% (4) | 50% | 0 | — | May 10, 2024 |
| Finke Thomas M | Director | 3 | −6.1% (3) | 33% | 0 | — | May 6, 2020 |
| Lloyd Eric J | CEO | 3 | −12.1% (3) | 33% | 0 | — | May 20, 2025 |
| Mihalick David | Director | 3 | −0.5% (3) | 67% | 0 | — | December 2, 2021 |
| Murray Elizabeth A. | CFO and COO and PAO | 3 | −1.6% (3) | 33% | 0 | — | June 9, 2025 |
| Okel Thomas | Director | 3 | −3.5% (3) | 33% | 0 | — | March 10, 2023 |
| Smith Sherwood Hubbard JR. | Director | 3 | +4.9% (3) | 67% | 0 | — | May 10, 2016 |
| Tucker Garland S III | Chairman and CEO | 3 | +4.8% (3) | 67% | 0 | — | September 29, 2015 |
| Bock Jonathan | Chief Financial Officer | 2 | −13.9% (2) | 0% | 0 | — | March 13, 2020 |
| Burgess Brent P W | Chief Investment Officer | 1 | −11.3% (1) | 0% | 1 | −15.3% (1) | May 9, 2016 |
| Crandall Roger W | Other | 2 | +17.0% (2) | 100% | 0 | — | August 11, 2021 |
| Freund Matthew | President | 2 | −15.1% (2) | 0% | 0 | — | May 20, 2025 |
| O'connor Michael James | Other | 1 | +15.9% (1) | 100% | 1 | −6.2% (1) | December 13, 2024 |
| Switzer John | Director | 2 | −15.1% (2) | 50% | 0 | — | August 28, 2019 |
| Cary Christopher | Treasurer | 1 | +3.9% (1) | 100% | 0 | — | October 1, 2018 |
| Chillag Jeffrey | Director of Finance | 1 | +22.7% (1) | 100% | 0 | — | May 8, 2023 |
| Dunwoody W Mccomb | Director | 0 | — | — | 1 | −42.8% (1) | April 4, 2017 |
| Gambill Mark M | Director | 1 | +28.8% (1) | 100% | 0 | — | May 14, 2012 |
| Landsberg Jonathan | Assistant Director of Finance | 1 | −16.9% (1) | 0% | 0 | — | April 2, 2019 |
| Lilly Steven C | CFO and Secretary | 1 | −11.3% (1) | 0% | 0 | — | May 9, 2016 |
| Perley Albert | Treasurer | 1 | +21.1% (1) | 100% | 0 | — | May 10, 2023 |
| Poole E. Ashton | President and CEO | 1 | −11.3% (1) | 0% | 0 | — | May 9, 2016 |
| Thompson Paul John | Other | 1 | +1.1% (1) | 100% | 0 | — | October 5, 2018 |
When several insiders traded Barings BDC, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Barings BDC, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 12 buying crowds with six months of prices, it averaged +7.2% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| May 30, 2025 | 2 buying | +0.2% | −11.6% | −23.6% |
| December 31, 2024 | 3 buying | +8.3% | −3.7% | −9.1% |
| April 28, 2023 | 2 buying | +2.7% | +21.3% | +14.4% |
| December 31, 2021 | 2 buying | +1.5% | +9.2% | +0.6% |
| August 31, 2021 | 2 buying | +2.8% | +9.0% | +11.7% |
| March 31, 2020 | 3 buying | −12.0% | −19.8% | −12.1% |
| October 31, 2018 | 6 buying | −1.3% | −6.8% | −6.4% |
| May 31, 2016 | 6 buying | +5.7% | +1.1% | −12.4% |
| September 30, 2015 | 3 buying | +11.2% | +24.5% | +18.6% |
| December 31, 2014 | 2 buying | +15.0% | +18.0% | +3.4% |
| May 31, 2012 | 2 buying | +14.6% | +21.9% | +26.5% |
| December 30, 2011 | 2 buying | −7.9% | +23.1% | +30.8% |