Fidelity & Guaranty Life Insurance Co (10% owner) sold $1.4M of stock, under a pre-arranged trading plan
SEC Form 4
Crescent Capital BDC, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$16
Valuation models combined (5)
Base case. Range ~$13–$27. Weighted average of 5 models (forward price-to-earnings vs peers, residual income, justified price-to-book, price-to-book vs peers, dividend discount (two-stage)), the forward price-to-earnings vs peers counting double.
Price vs value
No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.
Crescent Capital BDC, Inc. valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders4 buying, 1 selling7 purchases and 12 sales by directors and officers, last 12 monthsInsider trades
- Funds39 adding, 40 cuttingOf 7 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Several insiders buying shares: 2 insiders bought shares in the open market in the past 90 days, according to their Form 4 filings.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Crescent Capital BDC, Inc.'s latest figures clears our strength thresholds.
Things to watch
- Results due soon. Results are expected around 11 November; the share price can move sharply on the day.
- Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
- Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 5.7% over 90 days.
- Earnings expected to fall. The consensus expects earnings per share to fall 5% next year.
Latest results
- Earnings per share
- $0.36 against an average estimate of $0.37: missed by 1.8%
- Share reaction
- -2.8% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
- Next report
- November 9, 2026; average EPS estimate $0.35
Price chart
- 1 day+1.6%
- 1 week+8.2%
- 1 month+4.4%
- This year-25.4%
- 1 year-23.6%
- 5 years-11.9%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Profitability
- EPS (TTM, diluted)
- $-0.09
Growth
- Share count change
- −0.3%
Earnings
- Last results
- August 10, 2026
- Next results (est.)
- November 11, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- Insider trade
- Insider trade
Fidelity & Guaranty Life Insurance Co (10% owner) sold $1.3M of stock, under a pre-arranged trading plan
SEC Form 4 - Results
Crescent Capital BDC, Inc. reported results
SEC 8-KRead source ↗
Valuation models
We value Crescent Capital BDC, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.84 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$13 ~$11–$17 | Primary model, counts double |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$14 ~$10–$19 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$13 ~$11–$14 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$27 ~$28–$72 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | ~$15 ~$13–$17 | Included |
| Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$16 ~$13–$27 | 5 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Crescent Capital BDC, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Next results: November 9, 2026, after the close. Analysts expect revenue of $36m and EPS of $0.35 (range $0.34 to $0.37) for the quarter.
Analysts' consensus
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $1.48 | −18% | $147m | −12% |
| Next | $1.41 | −5% | $144m | −2% |
Next year's EPS estimate has moved −5.7% in 90 days, across 7 analysts.
How the EPS forecast has moved
The consensus EPS forecast for the current fiscal year is −4.1% on 90 days ago. In the last 30 days, 1 analyst raised Crescent Capital BDC, Inc.'s forecast and 5 cut it.
Average of analysts' published estimates (third-party data).
View chart data
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $1.55 | $1.49 |
| 60 days ago | $1.48 | $1.42 |
| 30 days ago | $1.48 | $1.40 |
| 7 days ago | $1.48 | $1.40 |
| Now | $1.48 | $1.41 |
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $0.37 | $0.36 | −1.8% |
| Mar 2026 | $0.41 | $0.42 | +1.4% |
| Dec 2025 | $0.43 | $0.45 | +4.7% |
| Sept 2025 | $0.46 | $0.46 | −0.4% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 3.0% of tradable shares
- Days to cover
- 2.92 at average volume
- Short interest, 1 month
- +3% to October 15, 2026
- Held by institutions
- 73% of shares
- Held by insiders
- 3.4% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| CCAP | +33% | −19% | +53% | +24% | −18% | −25% |
| Industry peers (median) | +33% | −17% | +19% | +15% | −4% | −6% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| CCAP | 75% | 42% | 67% | 75% | 42% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| CCAP | −15% | −27% | −15% | −10% | −28% | −36% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since February 3, 2020: 64% from February 7, 2020 to March 23, 2020. Getting back needed a 175% gain, reached on January 5, 2021, 288 days after the low.
Price behaviour
- 52-week range
- $8.50 – $13.34
- From 52-week high
- −29.4%
- vs 50-day average
- +0.4%
- vs 200-day average
- −14.0%
- Volatility (1 year)
- 27%
- Beta vs S&P 500
- 0.67
Share price after results
- Next day
- 5 up, 7 down typical move ±3.6%
- After a week
- 7 up, 5 down typical move ±5.6%
- After a month
- 7 up, 5 down typical move ±8.0%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 10, 2026 | −2.8% | −0.3% | −8.1% | −12.8% |
| May 13, 2026 | −9.3% | +1.4% | −14.5% | −14.6% |
| February 25, 2026 | +2.6% | +0.3% | +4.0% | −2.1% |
| November 12, 2025 | −4.6% | −1.6% | −4.7% | +5.1% |
| August 13, 2025 | +4.4% | +0.4% | +3.9% | +8.6% |
| May 14, 2025 | −4.9% | +0.6% | −7.9% | −11.5% |
| February 19, 2025 | −4.8% | −0.2% | −9.4% | −11.1% |
| November 12, 2024 | +3.1% | −0.3% | +4.9% | +9.7% |
| August 12, 2024 | −0.2% | +1.7% | +2.5% | +2.0% |
| May 8, 2024 | +2.5% | +0.6% | +3.4% | +8.0% |
| February 21, 2024 | +3.5% | +2.2% | +2.1% | +8.0% |
| November 8, 2023 | −0.2% | −0.7% | +1.9% | +2.1% |
Fundamentals
Dividends, buybacks and capital spending
- Dividends (TTM)
- $65.1M
- Diluted share count
- −0.3%
- year over year
Who owns it
Funds buying and selling- Reported value
- $277M
- Institutions reporting
- 85
- Shares held vs prior quarter
- ▲ 3.7%
- Positions opened / closed
- 13 / 15
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Texas County & District Retirement System | $54.6M | 5.0M | 19.7% | 0.0% |
| Fidelity National Financial, Inc. | $45.9M | 4.2M | 16.6% | 0.0% |
| Blackstone Inc. | $45.9M | 4.2M | 16.6% | 0.0% |
| Sun Life Financial Inc | $24.3M | 2.2M | 8.8% | 0.0% |
| Ares Management LLC | $11.9M | 1.1M | 4.3% | ▲ 99.2% |
| Invesco Ltd. | $10.9M | 1.0M | 3.9% | ▼ 2.8% |
| Rivernorth Capital Management, LLC | $7.7M | 703K | 2.8% | New |
| North Ground Capital | $5.7M | 521K | 2.1% | ▲ 53.7% |
| UBS Group AG | $5.5M | 502K | 2.0% | ▲ 41.1% |
| Mariner, LLC | $4.8M | 441K | 1.7% | ▼ 4.8% |
| Bulldog Investors, LLP | $4.8M | 437K | 1.7% | ▼ 4.3% |
| Russell Investments Group, Ltd. | $4.7M | 433K | 1.7% | ▲ 48.1% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Crescent Capital BDC, Inc.'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart Insider purchases History → $1.2M 7 trades by 4 insiders, last 12 months Insider sales History → $5.5M 12 trades by 1 insider · 100% under pre-set plans
Net ▼ $4.3M net selling
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Fidelity & Guaranty Life Insurance Co 10% owner | September 9, 2026 | Sell pre-set plan | 139,054 | $10.23 | $1.4M |
| Fidelity & Guaranty Life Insurance Co 10% owner | September 8, 2026 | Sell pre-set plan | 126,436 | $10.33 | $1.3M |
| Fidelity & Guaranty Life Insurance Co 10% owner | September 4, 2026 | Sell pre-set plan | 10,471 | $10.39 | $108,794 |
| Fidelity & Guaranty Life Insurance Co 10% owner | September 3, 2026 | Sell pre-set plan | 5,011 | $10.34 | $51,814 |
| Fidelity & Guaranty Life Insurance Co 10% owner | September 2, 2026 | Sell pre-set plan | 45,000 | $10.44 | $469,800 |
| Fidelity & Guaranty Life Insurance Co 10% owner | September 1, 2026 | Sell pre-set plan | 11,285 | $10.50 | $118,492 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 31, 2026 | Sell pre-set plan | 40,000 | $10.62 | $424,800 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 28, 2026 | Sell pre-set plan | 15,000 | $10.60 | $159,000 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 27, 2026 | Sell pre-set plan | 27,195 | $10.60 | $288,267 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 26, 2026 | Sell pre-set plan | 32,091 | $10.60 | $340,165 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 25, 2026 | Sell pre-set plan | 40,000 | $10.74 | $429,600 |
| Fidelity & Guaranty Life Insurance Co 10% owner | August 24, 2026 | Sell pre-set plan | 33,457 | $10.72 | $358,659 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
Next expected around November 11, 2026 estimated from the company's past filing pattern, not announced
- August 10, 2026
- May 13, 2026
- February 25, 2026
- November 12, 2025
- August 13, 2025
- May 14, 2025
Recent SEC filings
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Crescent Capital BDC, Inc. in brief
- What does Crescent Capital BDC, Inc. do?
- Crescent Capital BDC, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Crescent Capital BDC, Inc.'s stock ticker?
- Crescent Capital BDC, Inc. trades under the ticker CCAP on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Crescent Capital BDC, Inc.'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Texas County & District Retirement System, Fidelity National Financial, Inc. and Blackstone Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Does Crescent Capital BDC, Inc. pay a dividend?
- Yes: Crescent Capital BDC, Inc. paid $65.1M in dividends over the trailing twelve months.
- Are insiders buying or selling Crescent Capital BDC, Inc. stock?
- Over the last 12 months, Crescent Capital BDC, Inc.'s directors and officers reported 7 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
- When is Crescent Capital BDC, Inc.'s next earnings date?
- Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Crescent Capital BDC, Inc. announces its own schedule.
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