Barings BDC president Matthew Freund purchases $31,944 in stock

Published 20/05/2025, 18:04
Barings BDC president Matthew Freund purchases $31,944 in stock

Matthew Freund, President of Barings BDC, Inc. (NYSE:BBDC), recently made notable transactions involving the company’s stock. On May 19, 2025, Freund acquired a total of 3,522 shares of Barings BDC common stock, with an average purchase price of $9.07 per share. This acquisition amounted to a total investment of $31,944. The purchase comes as BBDC trades at $9.21, with a P/E ratio of 9.76 and an impressive dividend yield of 11.38%. According to InvestingPro, the company maintains a GOOD financial health score.

In addition to these purchases, Freund sold a small fraction of his holdings, disposing of 1.846 shares at an average price of $9.0615 per share, resulting in a total sale value of $16.

Following these transactions, Freund’s direct ownership in Barings BDC stands at 20,000 shares.

In other recent news, Barings BDC Inc. reported its first-quarter 2025 earnings, which fell short of analyst expectations. The company posted an earnings per share (EPS) of $0.25, missing the anticipated $0.28, and generated revenue of $64.44 million, below the forecasted $67.5 million. Despite these results, the company’s Net Asset Value (NAV) per share remained stable at $11.29. Barings BDC has been actively divesting legacy assets and making strategic investments, particularly focusing on Rocade and Eclipse. The company also announced a dividend of $0.26 per share, along with a supplemental dividend of $0.15, resulting in a total dividend yield of 11% based on March NAV. Looking ahead, Barings BDC expects reduced transaction activity in the second quarter due to market uncertainties but has made $130 million in new commitments so far. The company continues to navigate economic challenges, including market uncertainty and potential tariff impacts, while maintaining a net leverage ratio of 1.24x, within its target range.

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