Director James L. Robo purchased 340,000 shares for $4.43M at $13.04, marking the largest insider purchase in the company's history. This significant capital commitment suggests insider confidence in the stock's value despite recent underperformance.
Price context
KBDC is trading near its 52-week low of $12.89, down 6.04% over the last 90 days and 8.97% over the past year, while currently sitting just 0.78% above that low.
Catalysts to watch
- •Q2 2026 earnings on 2026-08-11: The company beat its dividend coverage with a 10.5% ROE and completed its exit from broadly syndicated loans.
- •Q1 2026 earnings on 2026-05-13: The company reported net investment income of $0.43 per share, covering its $0.40 quarterly dividend by 108%.
- •Zacks Rank upgrade to Buy on 2026-06-29: The upgrade reflects growing optimism about the company's earnings prospects.
Risks
- •Wells Fargo downgraded KBDC to Equal Weight from Overweight on 2026-06-22, citing valuation concerns.
- •The stock is down 8.97% over the past year and is currently trading 18.15% below its 52-week high.
AI-generated context from public data. Not investment advice. Verify before trading.