GSBD
Goldman Sachs BDC, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-38/100
Last price
9.03
▼ 0.02 (0.22%)
MARKET · —
Price
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Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
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H —
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Range —
Vol —
vs
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Open
—
Prev close
9.05
Day high
9.14
Day low
9.02
Volume
676.28K
Market cap
$1.02B
P/E (TTM)
17.37
52W range
8.36 – 10.38
Trailing performance
Returnvs SPY
1W
-4.85%
-6.8%
1M
-9.52%
-10.7%
3M
+1.12%
-3.4%
6M
-1.63%
-19.8%
YTD
-2.69%
-16.9%
1Y
-9.88%
-26.3%
3Y
-37.98%
-120.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on GSBD open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
195.87K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 10, 26 | LEACH TIMOTHY J. Director |
BUY | 2.00K | $18.12K | Direct |
| Apr 2, 26 | EVANS CARLOS E Director |
BUY | 50.00K | $451.04K | Direct |
| Nov 12, 25 | GREENE TUCKER President |
BUY | 10.50K | $103.53K | Direct |
| Sep 12, 25 | BANTWAL VIVEK Chief Executive Officer |
BUY | 22.00K | $250.01K | Direct |
| Nov 22, 24 | LANZA JOHN Officer |
SELL | 1.25K | $16.06K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BANTWAL VIVEK |
Chief Executive Officer | 22.00K | Purchase |
EVANS CARLOS E |
Director | 64.45K | Purchase |
GREENE TUCKER |
President | 10.50K | Purchase |
LANZA JOHN |
Officer | 0 | Sale |
LEACH TIMOTHY J. |
Director | 19.68K | Purchase |
Fundamentals
Market cap$1.02B
Enterprise value$2.85B
Revenue (TTM)$340.18M
Gross profit$340.18M
EBITDA—
Net income$58.48M
EPS (TTM)$0.52
Free cash flow$88.31M
Total cash$14.43M
Total debt$1.85B
Book value / share$12.06
Shares outstanding112.57M
Float—
Short % of float5.73%
Dividend yield15.61%
Beta (5Y)0.68
Valuation & profitability ratios
Trailing P/E17.37
Forward P/E7.85
PEG ratio—
Price / sales—
Price / book0.75
EV / revenue8.39
EV / EBITDA—
Gross margin100.00%
Operating margin87.38%
Profit margin17.19%
Return on equity4.07%
Return on assets5.13%
Debt / equity136.46
Current ratio0.49
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $132.12M | $78.71M | $207.99M | $56.64M | +67.9% |
| Operating revenue | $132.12M | $78.71M | $207.99M | $56.64M | +67.9% |
| Selling, general & admin | $8.74M | $10.36M | $8.63M | $8.67M | -15.6% |
| Total operating expense | $8.74M | $10.36M | $6.64M | -$3.06M | -15.6% |
| Pre-tax income | $123.37M | $68.35M | $201.35M | $59.70M | +80.5% |
| Tax provision | $4.11M | $5.48M | $5.48M | $4.69M | -25.1% |
| Net income | $119.27M | $62.87M | $195.87M | $55.00M | +89.7% |
| Net income to common | $119.27M | $62.87M | $195.87M | $55.00M | +89.7% |
| Basic EPS | 1.03 | 0.55 | 1.81 | 0.54 | +87.3% |
| Diluted EPS | 1.03 | 0.55 | 1.81 | 0.54 | +87.3% |
| Basic shares | 115.58M | 114.67M | 108.31M | 102.26M | +0.8% |
| Diluted shares | 115.58M | 114.67M | 108.31M | 102.26M | +0.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $43.21M | $61.80M | $52.36M | $39.60M | -30.1% |
| Total assets | $3.38B | $3.60B | $3.52B | $3.59B | -6.1% |
| Total debt | $1.88B | $1.93B | $1.83B | $2.01B | -2.7% |
| Total liabilities | $1.96B | $2.03B | $1.92B | $2.09B | -3.5% |
| Retained earnings | -$456.69M | -$373.67M | -$224.58M | -$206.20M | -22.2% |
| Shareholder equity | $1.42B | $1.57B | $1.60B | $1.50B | -9.5% |
| Net tangible assets | $1.42B | $1.57B | $1.60B | $1.50B | -9.5% |
| Shares issued | 112.57M | 117.30M | 109.56M | 102.85M | -4.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $119.27M | $62.87M | $195.87M | $55.00M | +89.7% |
| Change in working capital | -$5.51M | $15.76M | $6.46M | -$6.64M | -135.0% |
| Operating cash flow | $325.68M | $2.46M | $300.69M | $27.44M | +13,155.3% |
| Share buybacks | -$52.17M | $0 | $0 | — | — |
| Dividends paid | -$233.52M | -$197.70M | -$190.96M | -$180.00M | -18.1% |
| Financing cash flow | -$344.45M | $7.15M | -$287.99M | -$21.75M | -4,920.2% |
| Free cash flow | $325.68M | $2.46M | $300.69M | $27.44M | +13,155.3% |
| End cash position | $43.21M | $61.80M | $52.36M | $39.60M | -30.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $26.89M | -$10.35M | $26.77M | $27.73M | $42.46M | — | +359.9% |
| Operating revenue | $26.89M | -$10.35M | $26.77M | $27.73M | $42.46M | — | +359.9% |
| Selling, general & admin | $2.38M | $2.28M | $2.20M | $2.07M | $2.26M | — | +4.4% |
| Total operating expense | $2.38M | $2.28M | $2.20M | $2.07M | $2.26M | — | +4.4% |
| Pre-tax income | $24.51M | -$12.63M | $24.57M | $25.66M | $40.20M | — | +294.1% |
| Tax provision | $828.00K | $1.00M | $850.00K | $956.00K | $906.00K | — | -17.2% |
| Net income | $23.68M | -$13.63M | $23.72M | $24.70M | $39.29M | — | +273.7% |
| Net income to common | $23.68M | -$13.63M | $23.72M | $24.70M | $39.29M | — | +273.7% |
| Basic EPS | 0.21 | -0.12 | — | 0.22 | 0.34 | 0.27 | +275.0% |
| Diluted EPS | 0.21 | -0.12 | — | 0.22 | 0.34 | 0.27 | +275.0% |
| Basic shares | 112.57M | 112.57M | — | 114.40M | 117.20M | 117.30M | 0.0% |
| Diluted shares | 112.57M | 112.57M | — | 114.40M | 117.20M | 117.30M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $14.43M | $41.85M | $43.21M | $115.18M | $108.04M | -65.5% |
| Total assets | $3.29B | $3.34B | $3.38B | $3.39B | $3.41B | -1.6% |
| Total debt | $1.85B | $1.90B | $1.88B | $1.84B | $1.80B | -2.6% |
| Total liabilities | $1.93B | $1.97B | $1.96B | $1.93B | $1.90B | -2.2% |
| Retained earnings | -$522.06M | -$509.73M | -$456.69M | -$454.35M | -$420.86M | -2.4% |
| Shareholder equity | $1.36B | $1.37B | $1.42B | $1.45B | $1.51B | -0.9% |
| Net tangible assets | $1.36B | $1.37B | $1.42B | $1.45B | $1.51B | -0.9% |
| Shares issued | 112.57M | 112.57M | 112.57M | 114.11M | 116.25M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $23.68M | -$13.63M | $23.72M | $24.70M | $39.29M | +273.7% |
| Change in working capital | $28.47M | -$43.72M | $11.87M | -$14.62M | $12.85M | +165.1% |
| Operating cash flow | $53.63M | $10.43M | -$29.88M | $47.23M | $174.46M | +414.1% |
| Share buybacks | — | — | -$15.01M | -$26.47M | — | — |
| Dividends paid | -$36.02M | -$39.40M | -$59.28M | -$59.28M | -$62.17M | +8.6% |
| Financing cash flow | -$81.09M | -$11.68M | -$42.13M | -$40.06M | -$149.21M | -594.5% |
| Free cash flow | $53.63M | $10.43M | -$29.88M | $47.23M | $174.46M | +414.1% |
| End cash position | $14.43M | $41.85M | $43.21M | $115.18M | $108.04M | -65.5% |
Options analytics
Put / call volume
1.45
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-72.3% from spot
ATM implied vol
25.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
11
Contracts, this expiry
Put volume
16
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
7.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.31 | 0.38 | +22.6% |
| Mar 2026 | 0.30 | 0.22 | -26.2% |
| Dec 2025 | 0.35 | 0.37 | +5.7% |
| Sep 2025 | 0.36 | 0.40 | +11.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.35 | 5 | $80.71M | -11.9% |
| Next quarter | 0.34 | 5 | $79.98M | -7.1% |
| Current year | 1.30 | 4 | $324.74M | -11.2% |
| Next year | 1.15 | 5 | $309.17M | -4.8% |
Analyst targets & ownership
Mean target$8.94
High target$10.25
Low target$8.00
Implied upside-1.02%
Analyst count4
ConsensusNONE
Strong buy / Buy0 / 0
Hold3
Sell / Strong sell1 / 1
Held by insiders0.17%
Held by institutions47.38%
Institutions holding244
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
9.31
-2.98% from price
SMA 20
9.51
-5.04% from price
SMA 50
9.58
-5.72% from price
SMA 100
9.31
-2.98% from price
SMA 200
9.32
-3.14% from price
EMA 12
9.32
-3.06% from price
EMA 26
9.48
-4.76% from price
EMA 50
9.50
-4.91% from price
RSI (14)
32.9
Neutral
MACD (12,26,9)
-0.17
Hist -0.08
ATR (14)
0.22
2.44% of price
Realised vol 30D
21.8%
Annualised
Bollinger upper
10.06
20, 2σ
Bollinger lower
8.96
20, 2σ
50 / 200 cross
Golden
9.58 vs 9.32
Trend bias
Below 200
-3.14%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.40
Less volatile than market
Correlation to SPY
0.21
Largely independent
Realised vol 30D
21.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-15.8%
Peak to trough
Max drawdown 5Y
-58.5%
Peak to trough
ATR 14
0.22
2.44% of price
Beta (reported)
0.68
5Y monthly, from filing
Short interest
Shares short
6.44M
Prior 6.18M
Change vs prior
+4.2%
Shorts adding
% of float
5.73%
Normal
% of shares out
5.72%
Against total outstanding
Days to cover
8.1
Crowded exit
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 10, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Jul 9, 26 | B of A Securities | DOWNGRADE | Neutral | Underperform |
| May 19, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Mar 4, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Mar 2, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Nov 10, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Apr 28, 25 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Aug 12, 24 | Truist Securities | MAINTAINED | Hold | Hold |
| Aug 12, 24 | Wells Fargo | UPGRADE | Underweight | Equal-Weight |
| May 29, 24 | Wells Fargo | DOWNGRADE | Equal-Weight | Underweight |
| Jan 29, 24 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| May 8, 23 | Truist Securities | MAINTAINED | — | Hold |
Dividends & splits
Forward rate$1.41 / yr
Forward yield15.61%
5-year avg yield11.71%
Payout ratio265.38%
Ex-dividend dateSep 30, 2026
Next pay dateOct 28, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-10-05
Offering Registrations
N-2ASR · 2026-09-29
Corporate Changes & Voting Matters
8-K · 2026-08-07
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-07
Corporate Changes & Voting Matters
8-K · 2026-05-28
Corporate Changes & Voting Matters
8-K · 2026-05-08
Periodic Financial Reports
10-Q · 2026-05-07
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.