Insider Buying: Mark Jenkins Acquires Shares of Carlyle Secured Lending Inc (CGBD)

Author's Avatar
4 days ago

On November 22, 2024, Mark Jenkins, Director at Carlyle Secured Lending Inc, purchased 3,801 shares of the company. Following this transaction, the insider now holds a total of 98,320 shares. The transaction details are available in the SEC Filing. Carlyle Secured Lending Inc (CGBD, Financial) is a business development company that provides capital to middle-market companies. The company focuses on generating current income and capital appreciation through debt and equity investments. The insider transaction history for Carlyle Secured Lending Inc indicates that there have been three insider buys and one insider sell over the past year. Over the same period, Mark Jenkins has purchased a total of 73,601 shares and has not sold any shares. 1861198973444976640.png On the day of the recent purchase, shares of Carlyle Secured Lending Inc were trading at $16.79, giving the stock a market cap of $865.406 million. The company's price-earnings ratio is 9.83, which is lower than the industry median of 11.24 and also lower than the company's historical median price-earnings ratio. With a trading price of $16.79 and a GF Value of $16.10, Carlyle Secured Lending Inc has a price-to-GF-Value ratio of 1.04, indicating that the stock is fairly valued based on its GF Value. 1861199041812131840.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.