The mixed cluster with small C-suite buys and larger 10% owner sales is ambiguous. The C-suite buys are too small to be a strong bullish signal, while the 10% owner sales, though larger, are not management-level and may be liquidity-driven. Monitor next earnings for any fundamental changes.
Price Chart
Executive Summary
A mixed insider cluster at Crescent Capital BDC shows two C-suite executives (CFO and President) making small open-market purchases totaling $49K, while a 10% owner (Fidelity & Guaranty Life Insurance Co.) sold $1.4M worth of shares over four days. The insider buys are modest relative to the $391M market cap (0.01%), but the 10% owner's sales are more material at 0.36% of market cap. The cluster is mixed in direction, with the selling side dominating by dollar value, but the seller is a large institutional holder rather than management, reducing the bearish signal.
Key Financial Metrics
Key Facts
- CFO Gerhard Lombard bought 2,000 shares at $10.91 ($22K) on 2026-08-19
- President Henry Chung bought 2,500 shares at $10.89 ($27K) on 2026-08-19
- 10% owner Fidelity & Guaranty Life Insurance Co. sold 132,743 shares total ($1.42M) across four days (Aug 24-27)
- Total insider buying: $49K (0.01% of market cap); total selling: $1.42M (0.36% of market cap)
- C-suite buys are a positive signal per academic literature, but the dollar amount is trivial relative to market cap
- 10% owner sales are not management-level and may reflect portfolio rebalancing rather than negative company-specific view
Financial Impact
Insider buying of $49K is negligible; 10% owner selling of $1.42M is modest at 0.36% of market cap
Risk Factors
- 10% owner selling could indicate negative private information about the BDC's portfolio
- Small insider buys may be token gestures rather than conviction signals
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CCAP-1787943983659 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 8w ago | Insider Cluster | $10.54 $9.50 | ▼ −9.87% | ▼ −10.13% | $8.70 (−17.46%) |
Aug 26, 2026 8w ago | Insider Cluster | $10.57 $9.58 | ▼ −9.37% | ▼ −9.59% | $8.70 (−17.69%) |
Aug 10, 2026 11w ago | 8-K | $11.44 $10.23 | ▲ +10.58% | ▲ +9.52% | $8.70 (+23.95%) |
Jun 24, 2026 17w ago | 8-K | $10.96 $10.78 | ▼ −1.64% | ▼ −2.17% | $8.70 (−20.62%) |
May 22, 2026 22w ago | Insider Cluster | $11.41 $11.21 | ▼ −1.80% | ▲ +0.15% | $8.70 (−23.75%) |
May 13, 2026 23w ago | Press Release | $11.96 $11.26 | ▼ −5.84% | ▼ −4.98% | $8.70 (−27.25%) |
Apr 27, 2026 26w ago | Press Release | $13.43 $11.44 | ▼ −14.82% | ▼ −20.29% | $8.70 (−35.22%) |
Feb 25, 2026 34w ago | 8-K | $12.82 $12.40 | ▼ −3.32% | ▲ +1.92% | $8.70 (−32.14%) |
US Market Status
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