NCDL Soars 1.62% on Insider Buying

Nuveen Churchill Direct Lending (NCDL) surged 1.62%, marking its third consecutive day of gains, with a total increase of 2.62% over the past three days. The share price reached its highest level since April 2025 today, with an intraday gain of 2.93%.

The strategy of buying NCDL shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -3.2%, significantly underperforming the market. This indicates that relying on recent highs as a buying trigger and holding for a short duration is not a reliable strategy for NCDL.

On June 16, 2025, Nuveen Churchill Direct Lending Corp. (NCDL) experienced significant insider buying activity. An insider purchased 31,967 shares at $15.70 per share, which may indicate confidence in the company's future performance. This insider buying could potentially influence the stock price positively, as it often signals that those with intimate knowledge of the company's operations and prospects are optimistic about its future.