Binstock Joan buys $150k in Morgan Stanley direct lending (MSDL)

Director Joan Binstock of Morgan Stanley Direct Lending Fund (NYSE:MSDL), a $1.45 billion market cap company currently trading at $16.53, acquired 9,030 shares of common stock on October 6, 2025, at a price of $16.6367 per share, for a total transaction value of $150,229. The stock, which offers a substantial 12.8% dividend yield, has declined about 14% year-to-date. InvestingPro subscribers can access detailed insider trading patterns and comprehensive financial analysis, with the company’s next earnings report expected on November 6.

Following the transaction, Ms. Binstock indirectly holds 50,042 shares through the Joan A Binstock Revocable Trust . Ms. Binstock disclaims beneficial ownership of shares held by the trust, except to the extent of her pecuniary interest.

In other recent news, Morgan Stanley Direct Lending has received multiple analyst upgrades and revisions. Raymond James upgraded the stock rating to Outperform, with a price target of $18.50, citing strong fundamentals and robust earnings in recent quarters. The firm believes the stock is undervalued, trading at about 0.8 times book value, and sees potential growth as its joint venture becomes less sensitive to base rate cuts. Wells Fargo also upgraded Morgan Stanley Direct Lending to Overweight, setting a price target of $17.00. They view the stock as a compelling discounted name, trading at 0.79 times net asset value, with structural return protections and a lower expense base. Meanwhile, RBC Capital adjusted its price target for the stock to $19.00 from $21.00, maintaining an Outperform rating. This revision follows the company’s second-quarter results and incorporates an updated interest rate outlook, assuming rate reductions mainly in 2026. These developments reflect the analysts’ varied perspectives on the company’s financial outlook and valuation.

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