John Nestor Sells 4,401 Shares of Carlyle Secured Lending (NASDAQ:CGBD) Stock

March 10, 2026 by InsiderTrades.com

Key Points

Director John Nestor sold 4,401 shares at an average price of $11.29 for about $49,687, leaving him with 5,516 shares — a 44.38% reduction in his ownership, disclosed in an SEC filing.
Carlyle Secured Lending announced a quarterly dividend of $0.40 (annualized $1.60), implying a 14.7% yield with an ex-dividend date of March 31 and a dividend payout ratio of 156.86%.
The company reported Q earnings of $0.33 EPS versus $0.38 expected and revenue of $66.91M (slightly below estimates); analysts have a consensus rating of Hold with an average price target of $13.60.

Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Get Free Report) Director John Nestor sold 4,401 shares of the company's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $11.29, for a total value of $49,687.29. Following the transaction, the director directly owned 5,516 shares in the company, valued at approximately $62,275.64. The trade was a 44.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Carlyle Secured Lending Stock Down 1.4%

CGBD stock opened at $10.87 on Tuesday. Carlyle Secured Lending, Inc. has a fifty-two week low of $10.61 and a fifty-two week high of $17.38. The company has a market cap of $768.29 million, a price-to-earnings ratio of 10.66 and a beta of 0.70. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The business's 50-day moving average is $12.12 and its two-hundred day moving average is $12.55.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.05). The company had revenue of $66.91 million during the quarter, compared to the consensus estimate of $67.26 million. Carlyle Secured Lending had a return on equity of 8.56% and a net margin of 27.38%. As a group, analysts forecast that Carlyle Secured Lending, Inc. will post 1.97 earnings per share for the current year.

Carlyle Secured Lending Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Tuesday, March 31st will be issued a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 14.7%. Carlyle Secured Lending's dividend payout ratio (DPR) is 156.86%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. B. Riley Financial upgraded shares of Carlyle Secured Lending from a "neutral" rating to a "buy" rating and set a $13.00 price objective for the company in a research report on Wednesday, February 25th. Citigroup started coverage on shares of Carlyle Secured Lending in a research report on Monday, December 8th. They set a "market perform" rating on the stock. Citizens Jmp initiated coverage on shares of Carlyle Secured Lending in a report on Monday, December 8th. They issued a "market perform" rating for the company. Wells Fargo & Company dropped their price target on Carlyle Secured Lending from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Friday, February 27th. Finally, Zacks Research raised Carlyle Secured Lending from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 9th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Carlyle Secured Lending presently has a consensus rating of "Hold" and an average price target of $13.60.

View Our Latest Report on CGBD

Institutional Investors Weigh In On Carlyle Secured Lending

A number of institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada grew its position in Carlyle Secured Lending by 1.9% in the 1st quarter. Royal Bank of Canada now owns 275,612 shares of the company's stock valued at $4,460,000 after acquiring an additional 5,054 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Carlyle Secured Lending by 9.1% during the second quarter. Envestnet Asset Management Inc. now owns 67,308 shares of the company's stock worth $921,000 after purchasing an additional 5,599 shares during the last quarter. Cascade Financial Partners LLC purchased a new stake in shares of Carlyle Secured Lending during the second quarter valued at $600,000. Creative Planning boosted its stake in shares of Carlyle Secured Lending by 0.9% during the second quarter. Creative Planning now owns 4,916,335 shares of the company's stock valued at $67,255,000 after purchasing an additional 44,062 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Carlyle Secured Lending by 15.3% in the second quarter. Cetera Investment Advisers now owns 67,124 shares of the company's stock worth $918,000 after purchasing an additional 8,929 shares during the last quarter. 24.51% of the stock is owned by institutional investors.

Carlyle Secured Lending Company Profile

(Get Free Report)

Carlyle Secured Lending, Inc (NASDAQ: CGBD) is a closed-end, non-diversified business development company that provides customized debt financing solutions to middle-market companies. Chartered under the Investment Company Act of 1940, the company invests primarily in floating-rate senior secured loans, including first-lien, unitranche and one-stop structures. Its objective is to generate current income and capital appreciation through disciplined credit selection and active portfolio management.

The firm focuses on U.S.