Insider Selling: Golub Capital BDC (NASDAQ:GBDC) Director Sells $21,893,614.22 in Stock

Posted by Brian Himes on Aug 14th, 2026

Golub Capital BDC, Inc. (NASDAQ:GBDC – Get Free Report) Director Lawrence Golub sold 1,676,387 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $13.06, for a total value of $21,893,614.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Golub Capital BDC Price Performance

Shares of GBDC opened at $13.40 on Friday. The firm has a market cap of $3.48 billion, a PE ratio of 20.62 and a beta of 0.39. The firm’s 50 day moving average price is $12.89 and its 200 day moving average price is $12.84. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.33 and a current ratio of 1.33. Golub Capital BDC, Inc. has a twelve month low of $11.77 and a twelve month high of $14.93.

Golub Capital BDC (NASDAQ:GBDC – Get Free Report) last posted its earnings results on Monday, August 3rd. The investment management company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. Golub Capital BDC had a net margin of 21.45% and a return on equity of 9.91%. The firm had revenue of $98.53 million during the quarter, compared to analysts’ expectations of $189.91 million. During the same period in the previous year, the company earned $0.39 earnings per share. As a group, research analysts expect that Golub Capital BDC, Inc. will post 1.36 EPS for the current fiscal year.

Golub Capital BDC Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, September 14th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 9.9%. The ex-dividend date is Monday, September 14th. Golub Capital BDC’s dividend payout ratio (DPR) is 203.08%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on GBDC shares. Oppenheimer reiterated an “outperform” rating and set a $14.00 price target on shares of Golub Capital BDC in a research note on Wednesday, May 6th. Zacks Research upgraded Golub Capital BDC from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Keefe, Bruyette & Woods reduced their target price on Golub Capital BDC from $14.00 to $13.50 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Royal Bank Of Canada decreased their target price on Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Golub Capital BDC in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Golub Capital BDC presently has an average rating of “Moderate Buy” and a consensus target price of $13.90.

Get Our Latest Report on Golub Capital BDC

Institutional Investors Weigh In On Golub Capital BDC

A number of hedge funds have recently bought and sold shares of the company. OMERS ADMINISTRATION Corp acquired a new stake in shares of Golub Capital BDC in the second quarter valued at about $47,015,000. Lalia Capital LLC acquired a new position in shares of Golub Capital BDC during the 2nd quarter worth about $33,556,000. JPMorgan Chase & Co. lifted its position in shares of Golub Capital BDC by 53.7% during the 4th quarter. JPMorgan Chase & Co. now owns 3,917,312 shares of the investment management company’s stock worth $53,158,000 after purchasing an additional 1,368,759 shares during the last quarter. BlackRock Inc. bought a new stake in Golub Capital BDC during the 2nd quarter valued at approximately $16,206,000. Finally, Rivernorth Capital Management LLC boosted its stake in Golub Capital BDC by 226.6% during the 4th quarter. Rivernorth Capital Management LLC now owns 1,714,828 shares of the investment management company’s stock valued at $23,270,000 after purchasing an additional 1,189,706 shares during the period. 42.38% of the stock is currently owned by institutional investors.

Golub Capital BDC Company Profile

(Get Free Report)

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.