Golub Capital BDC Insider buys $92K of shares 5000 shares at 18.37 per share

DAVID GOLUB, CEO of Golub Capital BDC, purchased 5,000 shares of Golub Capital BDC (Stock Symbol: GBDC) at $18.37 per share for a total amount of $92,000 on December 23, 2013. Golub BDC is located in Chicago, IL. On January 10th 2014, Golub BDC, Inc., a business development company, announced that it originated $261.1 million in new middle-market investment commitments during the three months ended December 31, 2013. Approximately 13% of the new middle-market On December 3rd 2013, Golub BDC announced quarterly results. Net investment income for the quarter ended September 30, 2013 was $12.4 million, or $0.31 per share, as compared to $12.0 million, or $0.32 per share, for the quarter ended June 30, 2013. The board of directors declared a quarterly distribution on November 26, 2013 of $0.32 per share, payable on December 27, 2013 to stockholders of record as of December 17, 2013. According to Capital IQ, Golub BDC has a market cap of $750 million. Golub Capital BDC, Inc. (Golub Capital BDC) is an externally managed, closed-end, non-diversified management investment company. It is a business development company that makes debt and minority equity investments in middle-market companies that are sponsored by private equity investors. Golub Capital BDC’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and minority equity investments. The Company seeks to create a diverse portfolio that includes senior secured, unitranche, mezzanine and second lien loans and warrants and minority equity securities. On April 13, 2010, Golub Capital BDC converted from a limited liability company into a corporation. Golub Capital BDC investment activities are managed by its investment adviser, GC Advisors LLC (GC Advisors). Mr. Golub is 51 years old. According to the biography,Mr. David B. Golub is Chief Executive Officer, Director of Golub Capital BDC Inc. From 1995 through October 2003, Mr. Golub was a Managing Director of Centre Partners Management LLC, a private equity firm. From 1995 through 2000, Mr. Golub also served as a Managing Director of Corporate Partners, a private equity fund affiliated with Lazard Fréres & Co. formed to acquire minority stakes in established companies. Mr. Golub was the first Chairman of the Board and is a long-standing Director of the Michael J. Fox Foundation for Parkinson’s Research. He also serves on the board of directors of The Burton Corporation and has served on the board of numerous public and private companies. Mr. Golub earned his A.B. degree in Government from Harvard College. He received an M.Phil. in International Relations from Oxford University, where he was a Marshall Scholar, and an M.B.A. from Stanford Graduate School of Business, where he was named an Arjay Miller Scholar. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.