Weekly CEO Buys Highlight

Details the CEO buys this past week for Mission Produce and Golub Capital BDC

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Oct 12, 2020
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According to GuruFocus Insider Data, these were the largest CEO buys during the past week.

Mission Produce

Mission Produce Inc. (AVO, Financial) President and CEO Stephen J. Barnard bought 17,003 shares on Oct. 5 at a price of $12.00. The price of the stock has increased by 4.17% since then.

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Mission Produce sources, produces, packs, distributes and markets avocados in the United States and internationally. The company operates through two segments: Marketing and Distribution and International Farming. It serves retail, wholesale and foodservice customers.

The company has a market cap of $866.89 million. Its shares traded at $12.50 as of Oct. 9.

On Sept. 30, 2020 the company announced the pricing of its initial public offering of 8,000,000 shares of its common stock at a price to the public of $12.00 per share.

Director Bonnie Cruickshank Lind bought 12,500 shares on Oct. 5 at a price of $12. Since then, the price of the stock has increased by 4.17%.

Insider Ross W. Wileman bought 10,000 shares on Oct. 5 at a price of $12. The price of the stock has increased by 4.17% since then.

Director Linda B. Segre bought 3,000 shares on Oct. 5 at a price of $12. Since then, the price of the stock has increased by 4.17%.

Chief Operating Officer Michael A. Browne bought 3,500 shares on Oct. 1 at a price of $12.25 and 10,000 shares on Oct. 5 at a price of $12. The price of the stock has increased by 4.17% since then.

Golub Capital BDC

Golub Capital BDC Inc. (GBDC, Financial) CEO David Golub bought 12,000 shares during the past week at the average price of $13.69.

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Golub Capital BDC is an externally managed, closed-end, non-diversified investment management company. The company's investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second lien and subordinated loans, warrants and minority equity securities in middle-market companies.

The company has a market cap of $2.31 billion. Its shares traded at $13.80 as of Oct. 9.

Net investment income during the three months ended June 30 was $35.07 million, compared to $19.41 million for the prior-year quarter.

Golub bought 20,000 shares on Sept. 28 at a price of $12.99; 10,000 shares on Sept. 30 at a price of $13.16; 4,000 shares on Oct. 2 at a price of $13.73; 4,000 shares on Oct. 6 at a price of $13.69; and 4,000 shares on Oct. 8 at a price of $13.66. Since then, the price of the stock has increased by 1.02%.

Chairman Lawrence E. Golub bought 20,000 shares on Sept. 28 at a price of $12.99; 10,000 shares on Sept. 30 at a price of $13.16; 4,000 shares on Oct. 2 at a price of $13.73; 4,000 shares on Oct. 6 at a price of $13.69; and 4,000 shares on Oct. 8 at a price of $13.66. The price of the stock has increased by 1.02% since then.

For the complete list of stocks bought by their company CEOs, go to: CEO Buys.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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