Doug Zink Sells 485 Shares of Belden (NYSE:BDC) Stock

Belden Inc (NYSE:BDC) CAO Doug Zink sold 485 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $126.00, for a total transaction of $61,110.00. Following the completion of the sale, the chief accounting officer owned 4,642 shares in the company, valued at $584,892. This represents a 9.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Doug Zink also recently made the following trade(s):

• On Friday, February 6th, Doug Zink sold 1,452 shares of Belden stock. The shares were sold at an average price of $133.96, for a total transaction of $194,509.92.
• On Tuesday, December 9th, Doug Zink sold 4,000 shares of Belden stock. The shares were sold at an average price of $125.00, for a total transaction of $500,000.00.

Belden Stock Up 6.2%

BDC stock opened at $139.90 on Friday. Belden Inc has a twelve month low of $83.18 and a twelve month high of $140.43. The company has a quick ratio of 1.37, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. The company has a market cap of $5.50 billion, a PE ratio of 24.85 and a beta of 1.20. The business’s 50-day simple moving average is $119.38 and its 200 day simple moving average is $120.69.

Belden Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, December 11th. Belden’s dividend payout ratio (DPR) is 3.55%.

Hedge Funds Weigh In On Belden

Institutional investors have recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC raised its stake in Belden by 1.9% in the second quarter. Verdence Capital Advisors LLC now owns 4,223 shares of the industrial products company’s stock valued at $489,000 after purchasing an additional 78 shares in the last quarter. Arizona State Retirement System raised its position in shares of Belden by 0.7% in the 3rd quarter. Arizona State Retirement System now owns 11,688 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 86 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Belden by 4.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,290 shares of the industrial products company’s stock worth $275,000 after acquiring an additional 100 shares during the period. Blue Trust Inc. boosted its position in shares of Belden by 6.0% during the 3rd quarter. Blue Trust Inc. now owns 2,038 shares of the industrial products company’s stock worth $245,000 after acquiring an additional 116 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Belden by 12.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,025 shares of the industrial products company’s stock valued at $119,000 after acquiring an additional 116 shares during the last quarter. 98.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

BDC has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of Belden from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Belden in a research report on Wednesday, January 21st. Finally, Truist Financial raised their price target on shares of Belden from $149.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $140.00.

Belden News Roundup

Here are the key news stories impacting Belden this week:

• Positive Sentiment: Brokerage sentiment is tilted positive — analysts and aggregators show a “Moderate Buy” consensus and recent upgrades that raise expectations for the name, supporting buyer interest. Analyst Consensus
• Positive Sentiment: Media coverage singled out Belden as a top-performing stock today (featured in Yahoo Finance’s roundup of soaring stocks and an MSN piece on names hitting new highs), which can attract momentum flows and retail/intraday buyers. Yahoo: Cummins, Belden, and Perma-Fix Shares Are Soaring MSN: Stocks to New Highs
• Positive Sentiment: Institutional demand and recent increases by funds (cited in MarketBeat reporting) provide buying support and liquidity, helping push the stock toward its 52-week high. MarketBeat Institutional Notes
• Neutral Sentiment: Technicals & valuation are mixed — BDC is trading near its 52‑week high with a P/E around 25 and above its 50/200-day moving averages; that can attract momentum buyers but also sets a higher bar for continued upside.
• Negative Sentiment: Insider selling by senior executives is notable — CAO Doug Zink and SVP Leah Tate have sold shares in recent filings (multiple transactions totaling ~1,900–4,000 shares across dates), which may create supply and raise caution for some investors. InsiderTrades: CAO Sale SEC Filing

Belden Company Profile

Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high‐performance, reliable products for harsh environments.