NCDL
Nuveen Churchill Direct Lending Corp.Price
Daily candles with volume. Pins mark insider trades, rating changes, 13F stakes, reports, catalysts and short-interest jumps.
- B Mar 3 to Mar 12 6 days of insider buys: $765.5K by 7 insiders, avg $13.30
- R May 7 NCDL reported Q1 2026 net investment income of $0.41 per share, down…
- B May 12 to May 15 3 days of insider buys: $215.5K by 3 insiders, avg $13.23
- X Jul 31 Short interest falls 28.0% to 598.5K
- R Aug 6 NCDL reported Q2 2026 NII of $0.41 per share, in line with Q1 and be…
- A Sep 1 UBS upgrades
- B Sep 14 1 insider buy $61.3K at $12.25
- X Sep 30 Short interest jumps 30.9% to 770.1K
Signal stack
Where each data set points today.
- InsidersBULLISH
8 insiders bought $1.0M at an average $13.22. No open-market sales. Price is 21% below their cost.
- InstitutionsMIXED
Q2 2026: 5 added (0 new), 5 trimmed or exited.
- AnalystsBULLISH
9 of 12 rate it Buy or better. Every target is above the price.
- EstimatesFLAT
Current-quarter EPS estimate $0.388 → $0.385 over 90 days. 1 up, 3 down in 30 days.
- TrendDOWNTREND
10% below its 50-day average. New closing low $10.39 on Oct 21.
Who's buying
13F· Q2 2026| Fund | Move | Value |
|---|---|---|
| UBS Group AG | ADD | $12.4M |
| VAN ECK ASSOCIATES CORP | ADD | $9.5M |
| Cresset Asset Management, LLC | DOUBLED | $6.0M |
| BANK OF AMERICA CORP /DE/ | ADD | $2.8M |
| Trexquant Investment LP | TRIM | $1.6M |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | $782.5K |
| GOLDMAN SACHS GROUP INC | TRIM | $529.8K |
| BNP PARIBAS FINANCIAL MARKETS | DOUBLED | $121.4K |
Quarterly 13F filings are due 45 days after each quarter ends.
The Street
12 analystsPrice is below the lowest target. Median implies +29%.Targets as of Oct 27, 2026.
| Date | Firm | Rating |
|---|---|---|
| Sep 1, 2026 | UBS UPGRADE | Buy |
| Aug 10, 2026 | Keefe, Bruyette & Woods MAINTAIN | Market Perform |
| Jun 12, 2026 | Wells Fargo DOWNGRADE | Underweight |
| May 18, 2026 | UBS MAINTAIN | Neutral |
Insider ledger
Form 4| Date | Insider | Type | Value |
|---|---|---|---|
| Sep 14, 2026 | Vichness Shaul Chief Financial Off./Treasurer | BUY | $61.3K |
| Jul 27, 2026 | Vichness Shaul Chief Financial Off./Treasurer | OTHER | 431.156 sh |
| May 15, 2026 | McCally John Vice President & Secretary | BUY | $99.5K |
| May 14, 2026 | Vichness Shaul Chief Financial Off./Treasurer | BUY | $66.0K |
| May 12, 2026 | Hassen Marissa Chief Accounting Officer | BUY | $50.0K |
| Apr 27, 2026 | Vichness Shaul Chief Financial Off./Treasurer | OTHER | $5.5K |
| Mar 12, 2026 | Vichness Shaul Chief Financial Off./Treasurer | BUY | $65.7K |
| Mar 10, 2026 | RITCHIE JAMES JOSEPH Director | BUY | $244.8K |
Earnings setup
Estimates| Period | EPS est. | Range | 30D rev. | Revenue |
|---|---|---|---|---|
| Current Q | $0.39 | $0.37–$0.41 | +0.6% | $44.0M |
| Next Q | $0.39 | $0.37–$0.42 | +2.3% | $44.5M |
| Current FY | $1.58 | $1.55–$1.64 | +0.4% | $179.0M |
| Next FY | 🔒 Fresh data, subscribers only | |||
Short side
FINRA· Oct 15, 2026SecBot reports
9 filings · 4 bullish · 2 bearish · 3 neutral- BULLISH INSIDER-BUYSep 15, 2026
CFO Shaul Vichness purchased $61K of NCDL shares on the open market at $12.25 per share, a modest…
Monitor for additional insider buying or a catalyst (e.g., earnings, dividend announcement) to confirm bullish read.
- BEARISH 8-KAug 6, 2026
NCDL reported Q2 2026 NII of $0.41 per share, in line with Q1 and beating the $0.39 consensus by…
The NII beat is overshadowed by deteriorating credit quality (non-accruals doubling) and continued NAV erosion. The post-quarter balance sheet restructuring (CLO redemption, JV, note issuance) is a…
- NEUTRAL EFFECTJun 18, 2026
Nuveen Churchill Direct Lending Corp.'s shelf registration (File No. 333-283950) became effective…
Monitor for any subsequent POS AM or prospectus supplement (424B) filings that would signal an actual offering. BDC shelf registrations are commonly used for periodic follow-on offerings to raise…
- BULLISH CLUSTERMay 15, 2026
Two senior NCDL insiders (CFO and CAO) made open-market purchases totaling $116K in the week…
The CFO and CAO buying shares at a 32% discount to NAV after a dividend cut is a strong vote of confidence. Monitor for additional insider buys or a potential NAV-catalyzed re-rating.
All NCDL filing & press-release reports (9)
- INSIDER-BUY reportSep 15, 2026
- 8-K reportAug 6, 2026
- EFFECT reportJun 18, 2026
- CLUSTER reportMay 15, 2026
- 8-K reportMay 7, 2026
- DEFA14A reportApr 9, 2026
- DEFA14A reportApr 7, 2026
- CLUSTER reportMar 3, 2026
- CLUSTER reportMar 3, 2026