10 Best Financial Dividend Stocks Insiders are Buying in 2024

2. Barings BDC Inc (NYSE:BBDC)

Number of Hedge Fund Investors: 12

Business development company Barings BDC Inc (NYSE:BBDC) is a notable financial stock that saw insider buying activity earlier this month. Steve Byers, a director at Barings BDC Inc (NYSE:BBDC), bought 570 shares of Barings BDC Inc (NYSE:BBDC) at $9.7 per share. The transaction took place on February 28, 2024. Since then through May 13, the stock has gained about 0.8%.

Insider Monkey’s database of 933 hedge funds shows that 12 hedge funds reported having stakes in Barings BDC Inc (NYSE:BBDC) as of the end of 2023. The biggest stake in Barings BDC Inc (NYSE:BBDC) is owned by James Morrow’s Callodine Capital Management, worth $18.3 million.