Why insider trading matters?

Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

- Peter Lynch
GOLUB CAPITAL BDC, Inc. (GBDC)
Sector: Financial Services; Industry: Asset Management

Golub Capital BDC, Inc. is a business development company and operates as an externally managed closed-end non-diversified management investment company. The company seeks to invest in the United States. It primarily invests in senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2020-05-15 WEBSTER WILLIAM M IV Director Buy 13,100 $9.17 $120,127 No
2020-05-15 Levinson Joshua M CCO and Secretary Buy 1,778 $9.17 $16,304 No
2020-03-27 STRS OHIO 10%-Owner Buy 419,978 $12.47 $5,237,122 No
2020-03-12 Rosenberg Anita R Director Buy 18,500 $15.67 $289,895 No
2020-03-12 WEBSTER WILLIAM M IV Director Buy 12,500 $15.78 $197,249 No
2020-01-07 STRS OHIO 10%-Owner Buy 403,046 $17.60 $7,093,610 No
2018-02-27 WEBSTER WILLIAM M IV Director Buy 17,898 $18.05 $323,003 No
2018-02-26 WEBSTER WILLIAM M IV Director Buy 20,000 $18.10 $362,000 No
2018-02-20 WEBSTER WILLIAM M IV Director Buy 15,468 $18.09 $279,816 No
2018-02-12 WEBSTER WILLIAM M IV Director Buy 1,634 $17.96 $29,347 No
2017-09-01 WEBSTER WILLIAM M IV Director Buy 5,000 $18.46 $92,298 No
2017-02-14 Golub Lawrence E Chairman Sell 955,896 $18.52 $17,703,190 No
2017-02-14 Golub David Chief Executive Officer Sell 955,896 $18.52 $17,703,190 No
2016-12-19 BAILY JOHN THOMAS Director Buy 5,500 $18.14 $99,784 No
2016-08-15 BAILY JOHN THOMAS Director Buy 8,250 $18.35 $151,388 No
2016-07-30 BAILY JOHN THOMAS Director Sell 6,469 $17.09 $110,559 No
2015-08-28 Golub Lawrence E Chairman Buy 499 $16.65 $8,308 No
2015-08-28 Golub David Chief Executive Officer Buy 250 $16.65 $4,162 No
2015-06-10 Golub David Chief Executive Officer Buy 26,845 $17.21 $462,002 No
2015-06-09 Golub David Chief Executive Officer Buy 21,771 $17.27 $375,985 No
2015-06-08 Golub David Chief Executive Officer Buy 28,067 $17.26 $484,436 No
2015-06-03 Golub David Chief Executive Officer Buy 8,608 $17.28 $148,728 No
2015-04-10 WEBSTER WILLIAM M IV Director Buy 5,000 $17.42 $87,100 No
2014-12-17 Golub Lawrence E Chairman Buy 5,000 $17.16 $85,800 No
2014-12-17 Golub David Chief Executive Officer Buy 5,000 $17.16 $85,800 No
2014-12-15 Golub Lawrence E Chairman Buy 10,000 $17.24 $172,400 No
2014-12-15 Golub David Chief Executive Officer Buy 10,000 $17.24 $172,400 No
2014-12-12 Golub David Chief Executive Officer Buy 15,000 $16.99 $254,850 No
2014-12-12 Golub Lawrence E Chairman Buy 15,000 $16.99 $254,850 No
2014-12-11 Golub David Chief Executive Officer Buy 15,000 $17.19 $257,850 No

Insider Smart

Delta Airlines (DAL) - From an insider's perspective: airlines are the first ones to go under due to the pandemic. A lot of concerns were raised on possible bankruptcy especially amid by the dump from Buffett. However, insiders of Delta were bold enough to buy when Buffett was fear. And Delta is the only airline bought by insiders post-Buffett-dump.

Insider Smart

Planet Fitness, Inc (PLNT) - Our position in PLNT is also inspired by insider trading, if insiders are comfortable and confident buying around $50, it is an easy hold if you can pick it up at an even lower price. Our avg cost of the position is ~$40 and is now with 50% profit.