Director James L. Robo purchased $781,020 worth of shares at $13.02, marking the largest insider purchase in the company's history, which may signal confidence in the stock's value despite recent underperformance. The trade occurred just days before the company reported Q2 2026 earnings, where it beat its dividend coverage and maintained a 10.5% ROE.
Price context
KBDC is trading at $12.99, down 0.57% over the last 5 days and 6.04% over the last 90 days, currently sitting 0.78% above its 52-week low of $12.89 and 18.15% below its 52-week high of $15.87.
Catalysts to watch
- •Q2 2026 earnings on 2026-08-11, where the company beat dividend coverage with 10.5% ROE and completed its exit from broadly syndicated loans.
- •Zacks Rank upgrade to Buy on 2026-06-29, reflecting growing optimism about the company's earnings prospects.
- •Wells Fargo downgrade to Equal Weight from Overweight on 2026-06-22, lowering the price target to $14 from $15 amid valuation concerns.
Risks
- •Wells Fargo downgraded the stock to Equal Weight from Overweight on 2026-06-22, citing valuation concerns and lowering the price target to $14 from $15.
- •The stock is down 8.97% over the last year and is currently trading 18.15% below its 52-week high of $15.87.
AI-generated context from public data. Not investment advice. Verify before trading.