BYERS STEPHEN R

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).

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.

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.

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.