| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
Officer of Adviser | CEO & President | Vice President +1 more
2 companies
Michael Freno last filed a Form 4 in May 2024, as Officer of Adviser at BBDC. The filings on record cover 2 companies. Michael Freno's net worth is not public. Form 4 filings only show shares in the companies where this person was an insider, as of the last filing.
Our model assigns Michael Freno a below-average insider score of 47/100, based on 3 past trades. Over a 12-month horizon, 33.3% of those trades were profitable, with an average 12-month return of +5.5%.
At the last filing, the largest reported position was 71,145 shares of BBDC. Net of sales, the BBDC filings show accumulation of 66,250 shares.
Michael Freno has 10 Form 4 filings on record from January 2015 to May 2024, across 2 companies: Officer of Adviser at Barings BDC (BBDC), 2018–2024; CEO & President at Barings Global Short Duration High Yield Fund (BGH), 2015–2023.
The 17 reported transactions were 11 open-market purchases, 4 other transactions and 2 open-market sales.
Counted by filing, the open-market trades come to 7 purchases worth about $751K and 2 sales worth about $274K.
The largest open-market purchase was 27,500 shares of BBDC at an average $9.73 on May 9, 2024, about $267K. Twelve months later BBDC was down 11%.
The largest open-market sale was 14,179 shares of BGH at an average $14.95 on December 16, 2020, about $212K.
Shares as reported in the last Form 4 for each company; the most recent is from May 2024. Values use today's prices. Any trades after the last filing were not reported, so current holdings may differ.
| Date | Ticker | Role | Type | Shares | Price | Value | Chg% | 3M | 12M | SEC |
|---|---|---|---|---|---|---|---|---|---|---|
| May 9, 2024 | BBDC Barings Bdc, Inc. | Officer of Adviser | Buy | 27,500 | $9.73 | $267,492.50 | +63.0% | -2.3% | -11.5% | |
| May 9, 2023 | BBDC Barings Bdc, Inc. | Officer of Adviser | Buy | 26,000 | $7.20 | $187,094.80 | +195.7% | +17.9% | +31.4% | |
| Feb 14, 2023 | BGH Barings Global Short Duration High Yield Fund | CEO & President | Sell | 4,531 | $13.73 | $62,210.63 | -27.8% | -3.8% | +3.4% | |
| Dec 16, 2020 | BGH Barings Global Short Duration High Yield Fund | Vice President | Sell | 14,179 | $14.95 | $211,974.63 | -59.1% | - | - | |
| Mar 13, 2020 | BBDC Barings Bdc, Inc. | Director | Buy | 2,750 | $8.13 | $22,362.73 | +26.1% | - | - | |
| Sep 28, 2018 | BBDC Barings Bdc, Inc. | Director | Buy | 10,000 | $10.01 | $100,127.00 | New | - | - | |
| Dec 21, 2015 | BGH Barings Global Short Duration High Yield Fund | Vice President | Buy | 2,750 | $16.41 | $45,127.45 | +18.4% | - | - | |
| Jul 23, 2015 | BGH Barings Global Short Duration High Yield Fund | Vice President | Buy | 5,000 | $19.61 | $98,050.00 | +53.6% | - | - | |
| Jan 6, 2015 | BGH Barings Global Short Duration High Yield Fund | Vice President | Buy | 1,500 | $20.41 | $30,615.00 | +20.5% | - | - |