Historically, high-priority insider buys have outperformed the S&P 500 by a median ~2% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 5,751, 2021-2026). Past results don't predict the future. How we measure this ↗
Director Woolridge Victor purchases 6,830 shares of OBDE at $14.64; part of cluster with 2 other insiders buying within 14 days
Director Woolridge Victor acquired 6,830 shares at $14.64 on 2024-08-26, representing his first holding in OBDE. This purchase is notable because it is part of a cluster pattern: 2 other insiders also bought within the past 14 days. The stock currently trades at $14.54, down 11.8% from its 52-week high of $16.48 and down 9.7% over the past 90 days, placing the purchase near a depressed price point. The company's fundamentals show a P/E of 7.23 with $39.6M in net income and a $1.8B market cap, suggesting reasonable valuation metrics. Coordinated buying activity by multiple insiders during a price decline warrants monitoring to assess whether this reflects material non-public information or conviction in the current valuation.
President Nicholson Logan purchases 25,000 shares at $14.34 across 2 transactions for $358,500.00
Nicholson Logan, President of Blue Owl Capital Corp III, filed 2 separate purchases totaling 25,000 shares for $358,500.00 at a blended average price of $14.34 on 2024-08-21. This represents an initiation of holdings—the insider held 0 shares pre-transaction and 25,000 shares post-transaction. The purchases occurred at prices within the 52-week range ($13.77–$16.48), approximately 1.4% below the current price of $14.39 and 12.7% below the 52-week high. The company trades at a P/E of 7.16 with a market cap of $1.8B and reported net income of $39.6M, suggesting a modestly valued capital structure. The insider's cross-ticker track record shows 2 prior open-market buys, establishing a pattern of discretionary purchases, though context around motivations and stock price performance at the time cannot be inferred from this filing alone.
Director Weiler purchases 12,000 shares of OBDE at $14.34 for $172,080.00; first acquisition by insider.
Melissa Weiler, a director, purchased 12,000 shares at $14.34 on 2024-08-20, establishing an initial position in Blue Owl Capital Corp III with zero prior holdings. The stock has declined 13.2% from its 52-week high of $16.48 and is down 10.6% over 90 days, placing the transaction near recent lows. With a P/E of 7.11 and market cap of $1.8B against net income of $39.6M, the company trades at historically modest multiples. The transaction represents a director's first documented stake; investors should monitor whether this initial entry signals board-level conviction or reflects portfolio diversification by a new board member.
Add OBDE to your watchlist and we'll email you when an insider files a Form 4 — with our AI's significance score and a plain-English read of what it means.
