BBDC Barings BDC, Inc. Insider Trading

CEO Thomas McDonnell purchases 10,000 BBDC shares at $8.27; holdings increase to 26,000 shares (+62.5%)

Thomas McDonnell, as Chief Executive Officer, purchased 10,000 shares at $8.27 on 2026-06-03, representing a 62.5% increase in his personal holdings from 16,000 to 26,000 shares. The purchase occurred while the stock trades at $8.34 current price, only -15.9% from its 52-week high of $9.92 and up 1.3% over the past 90 days, suggesting the CEO is accumulating at a relatively stable valuation point. With the company carrying a P/E of 9.81 and market cap of $873.3M, the material increase in executive equity stake warrants attention to whether this reflects management's confidence in forward prospects.

Director Stephen R Byers net purchases 1,090 shares at BBDC after simultaneous buy/sell; holdings rise to 64,572 shares

On 2025-12-09, Director Stephen R Byers executed two separate transactions at Barings BDC: purchased 6,761 shares at $8.97 for $60,644.14 and sold 5,671 shares at $8.98 for $50,925.58, resulting in a net acquisition of 1,090 shares (+1.7% vs. pre-transaction holdings of 63,482 shares). The stock currently trades at $8.98, which is -16.7% from its 52-week high of $10.78, placing the transaction near the lower end of the year's range. Byers' same-ticker history at BBDC shows mixed timing outcomes across 5 prior purchases: 3 of 5 achieved positive 90-day returns (buys on 2025-06-06, 2024-11-15, and 2024-11-08), while 2 posted negative 90-day returns (buys on 2024-12-13 and 2024-12-11). The simultaneous buy-sell structure, paired with the relatively narrow price differential ($8.97 buy vs. $8.98 sell), suggests operational execution rather than a directional conviction signal, though the net positive position increase warrants observation against future price action and the stock's modest valuation metrics (P/E of 9.26).

CFO Murray Elizabeth A. buys 3,400 shares of BBDC at $8.84; holdings rise to 25,386 shares post-transaction.

CFO and COO Murray Elizabeth A. purchased 3,400 shares at $8.84 on 2025-06-06, expanding her stake from 21,986 to 25,386 shares (+15.5% relative to pre-transaction holdings). The transaction occurred near recent lows—the stock is currently at $9.10, but remains -15.6% from its 52-week high of $10.78. At BBDC specifically, Murray's prior two purchases (2024-12-11 and 2023-05-11) showed mixed outcomes: the 2024 buy subsequently declined -2.2% over 90 days, while the 2023 buy appreciated +18.3%. The company trades at a P/E of 9.68 on net income of $32.6M with a market cap of $957.9M. The timing context—1 of 2 prior BBDC buys achieved a positive 90-day return—suggests modest predictive accuracy at this ticker historically. Current price action since purchase is modest: +6.3% over 30 days, -4.1% over 90 days.

Director Stephen R. Byers bought 8,700 shares of Barings BDC at $8.89; 3 of 5 prior buys at BBDC were well-timed at 90-day mark.

Stephen R. Byers, a Director at Barings BDC, purchased 8,700 shares at $8.89 on 2025-06-06, increasing his holdings by 17.0% from 51,033 to 59,733 shares. This adds to a pattern of open-market acquisitions: Byers has made 5 prior purchases at BBDC since February 2025, with 3 of those 5 buys demonstrating favorable 90-day returns (indicating stock appreciation after purchase). His cross-ticker track record shows a 66.67% win rate over 90 days across 6 prior buys. The current price of $8.89 is 17.5% below the 52-week high of $10.78 and up 3.2% over the past 30 days. At a P/E of 9.46 with net income of $32.6M and market cap of $935.8M, the company shows a modest valuation profile. The repetition of purchases and the historical pattern of well-timed entries at this ticker warrant monitoring of whether this transaction precedes another period of share appreciation.

BBDC CEO Lloyd Eric J buys 34,375 shares for $313,525.38, raising stake 87.7% to 73,569 shares

CEO Lloyd Eric J executed 2 separate purchases totaling 34,375 shares for $313,525.38 at an average price of $9.12 per share on 2025-05-19. This purchase increased his holdings from 39,194 shares to 73,569 shares, a +87.7% increase in personal position size. The current market price of $9.27 sits -14.0% from the 52-week high of $10.78 and -11.4% over the 90-day period, placing the CEO's purchase in a region of relative weakness within the recent range. With BBDC trading at a P/E of 9.86 and a market cap of $975,750,355.26, the CEO's incremental $313,525.38 commitment represents a material personal allocation at a point when the stock is significantly off its recent high.

Freund (Pres.) bought 3,522 shares at $9.07 on 2025-05-19; holdings now 20,000 shares (+21.4%)

Matthew Freund, President of Barings BDC, executed 2 separate purchases totaling 3,522 shares for $31,944.54 and 2 minimal sales totaling 1 share for $16.73, increasing his stake to 20,000 shares from 16,479 shares. Freund's prior buys at BBDC (both on 2024-12-11) showed negative 90-day returns of -2.3%, and across his broader cross-ticker history, 2 prior buys averaged -2.3% over 90 days with a 0.00% win rate, suggesting prior purchases have not been well-timed. The current price of $9.27 is -14.0% from the 52-week high of $10.78, and the stock has declined -11.4% over the past 90 days despite a recent +6.6% gain in the last 30 days. The company trades at a P/E of 9.86 with net income of $32,576,000.00, indicating a modestly valued asset base, though the timing of this large acquisition relative to recent momentum reversals and his historical pattern merits observation.

BBDC CFO/COO Murray buys 2,000 shares at $9.70; joins cluster of 2 other insiders buying within 14 days

Murray Elizabeth A., serving as CFO, COO, and PAO, purchased 2,000 shares of Barings BDC at $9.70 on 2024-12-11 for $19,400.00, increasing her holdings by 10.6% from 18,804 to 20,804 shares. Her prior open-market purchase at this ticker on 2023-05-11 posted a 90-day return of +18.3%, establishing a 100% win rate on same-ticker buys with an average 90-day return of +18.3%. The current transaction occurs within a 14-day cluster in which 2 other insiders also bought, suggesting coordinated confidence at current valuation levels around $9.70. At an $8.91 P/E and $1.0B market cap, the company generates $44.0M in net income, positioning the stock 6.0% below its 52-week high of $10.33, a level Murray's prior purchase successfully captured in the subsequent quarter.

Director Byers purchased 9,548 shares of BBDC in 2 trades totaling $93,072.81 at avg $9.75; holdings up 23.6%

Stephen R. Byers, a director of Barings BDC, made 2 separate purchases totaling 9,548 shares for $93,072.81 between December 11–13, 2024, increasing his holdings from 40,452 to 50,000 shares (a 23.6% increase). The blended purchase price of $9.75 sits near the current price of $9.71, suggesting near-term market prices remained stable through the transaction window. Notably, Byers has a track record of well-timed buying activity: at the same ticker (BBDC), 2 of his 2 prior measurable buys showed positive 90-day returns (+13.9% and +3.0%), and his cross-ticker buying record averaged +8.4% over 90 days with a 100% win rate. A cluster buy pattern is also present—2 other insiders purchased BBDC shares within the same 14-day period. The company's fundamentals show a low P/E of 8.91 on $44.0M net income and $1.0B market cap, consistent with a closed-end bond fund or BDC valuation profile.

President Matthew Freund buys 2,500 shares at $9.72 in cluster pattern; 2 other insiders bought within 14 days

Matthew Freund, President of Barings BDC, executed 2 purchases totaling 2,500 shares for $24,291.40 on 2024-12-11, increasing his holdings by 18.6% from 13,471 to 15,971 shares. The transaction occurred at $9.72, near the current price of $9.79 and within the 52-week range of $8.58–$10.33. The filing reveals a cluster pattern: 2 other insiders also bought within the past 14 days, which may indicate coordinated management confidence in current valuations. The company trades at a P/E of 8.98 with net income of $44,001,000.00 and a market cap of $1,033,422,003.02, suggesting a low valuation multiple relative to earnings.

Director Byers purchases 14,915 shares ($147,972.25) in 2 transactions at BBDC; holdings rise 58.4% to 40,452 shares

Director Stephen R. Byers executed 2 separate purchases totaling 14,915 shares for $147,972.25, with transactions priced at $9.63 on 2024-11-08 and $9.95 on 2024-11-15, at or near the current price of $9.95 and within the 52-week range of $8.58–$10.19. His post-transaction holdings of 40,452 shares represent a 58.4% increase from pre-transaction holdings of 25,537 shares. His cross-ticker track record shows 100.00% win rate with an average 90-day return of +8.4% on prior open-market purchases, though his same-ticker history at BBDC is mixed: a 2024-02-28 purchase returned -4.1% in 30 days and +3.0% in 90 days, while a 2023-07-18 purchase returned +13.6% in 30 days and +13.9% in 90 days. The company trades at a P/E of 9.13 with a market cap of $1,050,311,433.10 and reported net income of $44,001,000.00, providing fundamental context for the timing and scale of this accumulation.