low
Buy
13,000 shares
$209,847
Significance
3/10
Director Joliet Mariel A purchases 13,000 shares of KBDC at $16.14; first position
Joliet Mariel A, a director at Kayne Anderson BDC, Inc., made an initial purchase of 13,000 shares at $16.14 on July 19, 2024, representing her first equity position in the company. The transaction occurred near the middle of the 52-week trading range of $15.91–$16.55, just 2.2% below the 52-week high, and the stock has remained relatively stable with only a 1.0% decline over the 30 days following the purchase. The company trades at a P/E of 12.35 with net income of $27,755,000.00, indicating a fundamentally sound business profile that may have motivated the director's entry-level accumulation.