The consistent insider buying by a 10% owner suggests the stock is undervalued at current levels. Traders should watch for potential corporate catalysts (e.g., earnings, NAV update, or dividend announcement) that may have prompted the purchases. The buying cluster over the past month (total $3M) is a strong signal of insider conviction.
Price Chart
Executive Summary
10% owner Martin C. Bicknell made four open-market purchases of PSBD shares totaling $1.49M between July 1-7, 2026, at prices around $10.50-$10.57. This conviction buy by a major insider signals confidence in the BDC's value, especially given the consistent buying pattern (also $1.5M in the prior 30 days).
Key Financial Metrics
Key Facts
- 10% owner Martin C. Bicknell purchased 141,500 shares in four transactions totaling $1.49M.
- Purchase prices ranged from $10.47 to $10.57 per share.
- Bicknell has now bought ~$3M of PSBD stock in the last 30 days (including this filing).
- The insider is a 10% owner, not a C-suite executive, but the magnitude of buying is material.
Financial Impact
Insider bought $1.49M in open-market purchases, increasing his stake by ~141,500 shares.
Risk Factors
- Insider buying does not guarantee near-term price appreciation; BDC performance depends on credit quality and interest rates.
- The stock's consensus analyst rating is mostly Hold/Sell (0% bullish), indicating potential headwinds.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001580642-26-004267 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $9.55 | awaiting T+60 | — | $9.85 (+3.14%) |
Sep 15, 2026 6w ago | 8-K | $10.24 | awaiting T+60 | — | $9.85 (−3.81%) |
Jul 15, 2026 14w ago | 8-K | $10.03 $9.62 | ▼ −4.09% | ▼ −7.80% | $9.85 (−1.79%) |
Jul 7, 2026 16w ago | Insider Buy | $10.29 $9.87 | ▼ −4.08% | ▼ −6.58% | $9.85 (−4.28%) |
Jul 2, 2026 16w ago | Insider Buy | $10.46 $10.30 | ▼ −1.53% | ▼ −4.54% | $9.85 (−5.83%) |
Jun 30, 2026 17w ago | Insider Buy | $10.57 $10.30 | ▼ −2.55% | ▼ −5.43% | $9.85 (−6.81%) |
Jun 30, 2026 17w ago | 3 | $10.42 $10.37 | ▼ −0.48% | ▼ −4.04% | $9.85 (−5.47%) |
Jun 25, 2026 17w ago | 8-K | $10.71 $10.38 | ▼ −3.08% | ▼ −7.57% | $9.85 (−8.03%) |
Jun 24, 2026 17w ago | 8-K | $10.80 $10.33 | ▼ −4.35% | ▼ −8.08% | $9.85 (−8.80%) |
Apr 14, 2026 28w ago | 8-K | $10.80 $10.36 | ▼ −4.07% | ▼ −12.21% | $9.85 (−8.80%) |
US Market Status
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