James Joseph Ritchie, Director at Nuveen Churchill Direct Lending Corp. (NCDL), bought 17,857 shares at $13.71 ($245K) on 2026-03-10, disclosed to the SEC on 2026-03-11.
Director James Joseph Ritchie purchased 17,857 shares for $244,819 at $13.71, marking the largest insider purchase in the company's history. This significant buyback occurs as the stock trades near its 52-week low, potentially signaling confidence in the asset manager's value despite recent earnings volatility.
The shares are currently trading at $12.90, down 25.15% over the past year and 6.95% over the last 30 days, placing the stock 26.68% below its 52-week high of $17.59 and just 2.85% above its 52-week low of $12.54.
Catalysts include the upcoming Q1 earnings call on May 12, 2026, and the company's high dividend yield of 11.15%. Additionally, the trade represents the largest insider purchase in the company's history, signaling potential conviction from management.
Risks include the negative net buyer flow of -0.5 over the last 90 days and the sector's negative buying sentiment of -0.0444. Furthermore, the company recently reported a Q3 2025 earnings miss of -6.52%, highlighting sensitivity to interest rate environments.
Something here stands out, but not much.
| Filing → |
| PrivateNuveen Churchill Direct Lending Corp. | BUY | 2024-01-08 | $314K | — | Filing → |
| PrivateNuveen Churchill Private Capital Income Fund | BUY | 2023-12-22 | $500K | — | Filing → |
| PrivateNuveen Churchill Direct Lending Corp. | BUY | 2023-11-06 | $221K | — | Filing → |