PSBD Palmer Square Capital BDC Inc. Insider Trading

10% owner Bicknell Martin C purchases 46,988 shares for $508,220.40 across 3 transactions at PSBD, raising stake 25.4% to 232.0K shares.

Bicknell Martin C, a 10% owner, executed 3 separate purchases totaling 46,988 shares for $508,220.40 at an average price of $10.82 between May 29 and June 8, 2026, increasing holdings by 25.4% from 185.0K to 232.0K shares. The current price of $10.43 is 29.9% below the 52-week high of $14.87, though trading 7.9% above the 90-day mark. His prior buy at this ticker on 2024-01-17 had a 90-day return of -1.5%, indicating the insider's previous accumulation at PSBD did not precede positive price movement. The company reported negative net income of $-37,236,966.00 for its most recent full fiscal year, which remains relevant context for evaluating the timing and scale of this concentrated position increase.

Alaris Master Fund LP (10% owner) sold 532,350 shares of PSBD at $12.56, reducing stake to 3,175,027 shares

Alaris Master Fund LP, a 10% shareholder of Palmer Square Capital BDC Inc., executed a sale of 532,350 shares at $12.56 on October 22, 2025, reducing its position by -14.4% to 3,175,027 shares. The sale occurred at a price notably above the current market price of $12.45 but well below the 52-week high of $16.25 (current price is -23.4% from peak). The company trades at a P/E of 21.84 on net income of $7,169,976.00, suggesting moderate valuation. The disposition represents a material reduction in a significant insider stake but lacks sufficient context (prior holdings history, stated rationale, or portfolio concentration data) to indicate the specific motivation behind the liquidation.

President Bloomfield buys 750 PSBD shares at $14.51; 5th purchase in 16 days; stock -14.6% from 52-week high.

Matthew L Bloomfield, President of Palmer Square Capital BDC, purchased 750 shares at $14.51 on 2025-03-21, increasing his holdings to 59,678 shares post-transaction. This is the fifth consecutive open-market purchase in 16 days (2025-03-05 through 2025-03-21), suggesting sustained accumulation activity. However, context limits interpretive weight: the stock is currently trading at $14.38, down 6.3% over 30 days and 8.7% over 90 days, and is 14.6% below its 52-week high of $16.83. Bloomfield's cross-ticker track record shows 8 prior buys with a 90-day win rate of 0.00% and an average 90-day return of -0.8%, indicating his recent buy signals have not been followed by positive price movements. Outcomes of these five consecutive PSBD purchases remain unmeasurable at this time.

Palmer Square Capital President buys 17,450 shares for $265,648.50 across 3 trades, raising stake 42.1%

Bloomfield Matthew L, President of PSBD, executed 3 separate open-market purchases totaling 17,450 shares for $265,648.50 between March 7–11, 2025, at prices of $15.43, $15.25, and $15.05 respectively, with a blended average price of $15.22. This acquisition increased his holdings from 41,478 shares to 58,928 shares, a +42.1% increase in his position. The timing is notable in context: the current price of $14.86 sits -11.7% from the 52-week high and stock has declined -7.0% over 30 days and -6.6% over 90 days, meaning the insider purchased into weakness. However, the insider's prior trade history at this ticker shows poor timing outcomes: of 2 measurable prior buys at PSBD, zero achieved positive 90-day returns (one returned -2.4% at 30d, +0.0% at 90d; another returned +0.0% at 30d, -1.5% at 90d), and his cross-ticker track record reflects an average 90-day return of -0.8% with a 0.00% win rate, suggesting a historical pattern of trades that do not outperform forward-looking price movement. The accumulation size and multi-day execution pattern warrant monitoring to assess whether the insider's conviction in this position translates into subsequent stock recovery or aligns with the historical underperformance of his prior transactions.

PSBD President Bloomfield purchased 13,200 shares over 3 days (Mar 4-6) at $15.40 avg, expanding stake 46.7%; stock near 52-week low.

Matthew L Bloomfield, President of Palmer Square Capital BDC Inc., executed 3 separate purchases totaling 13,200 shares for $203,216.00 between March 4 and March 6, 2025, increasing his holdings from 28,278 to 41,478 shares (+46.7%). The blended average purchase price of $15.40 is just 0.13% below the current price of $15.42, and lies near the 52-week low of $15.15, with the stock currently -8.4% from its 52-week high. His prior transaction history at PSBD shows mixed results: a January 2024 buy posted -1.5% at 90 days, and a March 2024 buy posted 0.0% at 90 days, establishing no pattern of well-timed entries at this ticker. The company trades at a P/E of 7.99 with net income of $7.6M, suggesting valuation levels that may be attracting opportunistic accumulation.