BDCBelden Inc.Technology · Communication Equipmentas of 2026-09-16
Horizon

Issued 2026-09-16 at $112.52 · now $112.52 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, BDC has typically landed between $96.30 and $131.81 — a range of −14.4% to +17.1% from the issuance price $112.52.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-26 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($112.52) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where BDC has typically landed a month from the 2026-09-16 close of $112.52 — the range is history, not a prediction.

$96.3worst · -14.4%$131.81best · +17.1%
  • now $112.52 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $114.26 (+1.5%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $106.05–$122.47
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $96.3–$131.81
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2008-09-26−50.0%−51.9%+0.0%
2008-09-24−49.9%−49.9%+4.1%
2008-09-25−47.6%−51.1%+1.5%
3 best
2009-03-05+71.3%−2.9%+71.6%
2009-03-06+68.2%−1.1%+74.7%
2009-03-11+64.4%+0.0%+64.4%

5,003 overlapping windows · 2006-09-26 – 2026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
60%
+1.0%
n=20
Feb
60%
+1.8%
n=20
Mar
50%
+1.1%
n=20
Apr
40%
−1.3%
n=20
May
60%
+3.2%
n=20
Jun
45%
+0.1%
n=20
Jul
55%
+1.3%
n=20
Aug
60%
+1.7%
n=20
Sep
45%
+0.1%
n=20
Oct
45%
+1.0%
n=20
Nov
70%
+3.3%
n=20
Dec
60%
+0.8%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$151$1002026-09-15: 1 insider sale, $217K — Lieser Brian2026-04-14: 1 insider sale, $355K — Lieser Brian2026-02-06: 1 insider sale, $195K — Zink Doug2026-02-05: 1 insider sale, $61K — Zink Doug2026-02-04: 1 insider sale, $384K — Tate Leah2025-12-11: 1 insider sale, $373K — KLEIN JONATHAN C2025-12-09: 1 insider sale, $500K — Zink Doug2025-12-05: 2 insider sales, $344K — Bhadra Hiran, Lieser Brian2025-12-03: 1 insider sale, $306K — Tate Leah2025-12-02: 1 insider sale, $196K — Lieser Brian2025-09-04: 1 insider sale, $484K — Lieser Brian2025-09-03: 1 insider sale, $37K — Lieser Brian2025-09: 2 open-market sales, $521K2025-12: 6 open-market sales, $1.7M2026-02: 3 open-market sales, $640K2026-04: 1 open-market sale, $355K2026-09: 1 open-market sale, $217K↑ buys↓ salesofficer Lieser Brian — Sale on 2026-09-15, filed 1 day after the tradeofficer Lieser Brian — Sale on 2026-04-14, filed same dayofficer Zink Doug — Sale on 2026-02-06, filed same dayofficer Zink Doug — Sale on 2026-02-05, filed 1 day after the tradeofficer Tate Leah — Sale on 2026-02-04, filed 2 days after the tradedirector KLEIN JONATHAN C — Sale on 2025-12-11, filed 1 day after the tradeofficer Zink Doug — Sale on 2025-12-09, filed 1 day after the tradeofficer Bhadra Hiran — Sale on 2025-12-05, filed 3 days after the tradeofficer Lieser Brian — Sale on 2025-12-05, filed 3 days after the tradeofficer Tate Leah — Sale on 2025-12-03, filed 1 day after the tradeofficer Lieser Brian — Sale on 2025-12-02, filed 2 days after the tradeofficer Lieser Brian — Sale on 2025-09-04, filed same dayofficer Lieser Brian — Sale on 2025-09-03, filed 1 day after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-15Lieser BrianofficerSale1,900 @ $114.39$217K−5.7% of holdingnot yet — horizon still opennot yet — horizon still open31,144Form 4 · filed 1 day after the trade
2026-04-14Lieser BrianofficerSale2,719 @ $130.69$355K−7.6% of holding−23.3%not yet — horizon still open32,959Form 4 · filed same day
2026-02-06Zink DougofficerSale1,452 @ $133.96$195K−23.8% of holding−8.3%−15.7%4,642Form 4 · filed same day
2026-02-05Zink DougofficerSale485 @ $126.00$61K−9.5% of holding−6.8%−13.8%4,642Form 4 · filed 1 day after the trade
2026-02-04Tate LeahofficerSale2,954 @ $130.00$384K−10.6% of holding−2.4%−11.4%24,881Form 4 · filed 2 days after the trade
2025-12-11KLEIN JONATHAN CdirectorSale3,000 @ $124.19$373K−26.4% of holding−5.9%−18.3%8,353Form 4 · filed 1 day after the trade
2025-12-09Zink DougofficerSale4,000 @ $125.00$500K−46.3% of holding−9.7%−18.0%4,642Form 4 · filed 1 day after the trade
2025-12-05Bhadra HiranofficerSale1,600 @ $120.00$192K−5.8% of holding−8.1%−17.7%26,119Form 4 · filed 3 days after the trade
2025-12-05Lieser BrianofficerSale1,270 @ $120.00$152K−4.2% of holding−8.1%−17.7%29,074Form 4 · filed 3 days after the trade
2025-12-03Tate LeahofficerSale2,554 @ $120.00$306K−8.4% of holding−3.0%−19.9%27,835Form 4 · filed 1 day after the trade
2025-12-02Lieser BrianofficerSale1,713 @ $114.13$196K−5.6% of holding+3.8%−13.6%29,074Form 4 · filed 2 days after the trade
2025-09-04Lieser BrianofficerSale3,800 @ $127.28$484K−11.0% of holding−12.3%−9.9%30,787Form 4 · filed same day
2025-09-03Lieser BrianofficerSale297 @ $126.11$37K−0.7% of holding−11.6%−3.6%44,145Form 4 · filed 1 day after the trade
2025-07-17Anderson Brian EdwardofficerSale7,158 @ $130.51$934K−15.3% of holding−7.6%−17.9%39,574Form 4 · filed 1 day after the trade
2025-06-25Lieser BrianofficerSale296 @ $114.32$34K−0.8% of holding+7.4%−10.1%37,405Form 4 · filed 1 day after the trade
2025-05-14Lieser BrianofficerSale297 @ $113.64$34K−0.8% of holding−6.4%−14.3%37,405Form 4 · filed same day
2025-05-14Tate LeahofficerSale231 @ $113.64$26K−0.8% of holding−6.4%−14.3%30,170Form 4 · filed same day
2025-03-17Lieser BrianofficerSale771 @ $101.15$78K−2.0% of holding−2.8%+8.8%37,405Form 4 · filed 2 days after the trade
2025-03-07Lieser BrianofficerSale3,318 @ $104.16$346K−8.0% of holding−1.9%+11.5%38,176Form 4 · filed same day
2025-03-06McCray Gregory JamesdirectorSale4,200 @ $105.21$442K−50.0% of holding−3.0%+11.1%4,199Form 4 · filed 1 day after the trade
2025-03-04Lieser BrianofficerSale2,061 @ $104.64$216K−4.7% of holding+3.4%+11.1%41,494Form 4 · filed 1 day after the trade
2025-02-26Lieser BrianofficerSale532 @ $110.06$59K−1.5% of holding−0.1%+12.4%34,599Form 4 · filed 2 days after the trade
2025-02-25KLEIN JONATHAN CdirectorSale2,129 @ $110.00$234K−17.6% of holding+0.1%+11.0%9,968Form 4 · filed 2 days after the trade
2025-02-25Lieser BrianofficerSale551 @ $111.76$62K−1.5% of holding+0.1%+11.0%35,131Form 4 · filed same day
2025-02-25Tate LeahofficerSale164 @ $111.76$18K−0.7% of holding+0.1%+11.0%22,567Form 4 · filed same day
2025-02-24Chand AshishdirectorSale14,535 @ $111.45$1.6M−11.9% of holding−1.7%+8.9%107,129Form 4 · filed 1 day after the trade
2025-02-07Tate LeahofficerSale2,400 @ $114.77$275K−9.4% of holding−3.8%−3.7%23,243Form 4 · filed 4 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

184 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-08-12Anderson Brian EdwardofficerGift1,31045,796Form 4
2026-08-07Anderson Brian EdwardofficerGift38547,106Form 4
2026-08-03BALK LANCE CdirectorGift10,00059,883Form 4
2026-07-06Zink DougofficerOther acquisition2136,606Form 4
2026-07-06Chand AshishdirectorOther acquisition213162,686Form 4
2026-07-06Tate LeahofficerOther acquisition21331,986Form 4
2026-07-06Bhadra HiranofficerOther acquisition21333,694Form 4
2026-07-06Anderson Brian EdwardofficerOther acquisition21347,491Form 4
2026-07-06Lieser BrianofficerOther acquisition8533,044Form 4
2026-07-02Giordano BartolomeoofficerAward / grant13,09113,091Form 4
2026-05-21McCray Gregory JamesdirectorAward / grant1,5277,111Form 4
2026-05-21AL-SALEH ADELdirectorAward / grant1,5274,027Form 4
2026-05-21ALDRICH DAVID JdirectorAward / grant2,12357,482Form 4
2026-05-21BALK LANCE CdirectorAward / grant1,52769,883Form 4
2026-05-21Brink Diane DdirectorAward / grant1,52724,939Form 4
2026-05-21Brown Judy LdirectorAward / grant1,52733,479Form 4
2026-05-21Calderon Nancy E.directorAward / grant1,5279,866Form 4
2026-05-21KLEIN JONATHAN CdirectorAward / grant1,5279,880Form 4
2026-05-21Lee ViviedirectorAward / grant1,5278,656Form 4
2026-03-11Lieser BrianofficerAward / grant2,16036,711Form 4
2026-03-11Zink DougofficerAward / grant6126,513Form 4
2026-03-11Zink DougofficerWithheld for tax1206,393Form 4
2026-03-11Anderson Brian EdwardofficerAward / grant3,23448,485Form 4
2026-03-11Anderson Brian EdwardofficerWithheld for tax1,20747,278Form 4
2026-03-11Bhadra HiranofficerAward / grant2,52634,258Form 4
2026-03-11Bhadra HiranofficerWithheld for tax77733,481Form 4
2026-03-11Chand AshishdirectorAward / grant10,898168,526Form 4
2026-03-11Chand AshishdirectorWithheld for tax6,053162,473Form 4
2026-03-11Lieser BrianofficerWithheld for tax1,03335,678Form 4
2026-03-11Parks Jeremy EofficerAward / grant3,48050,630Form 4
2026-03-11Parks Jeremy EofficerWithheld for tax2,08048,550Form 4
2026-03-11Tate LeahofficerAward / grant2,77932,784Form 4
2026-03-11Tate LeahofficerWithheld for tax1,01131,773Form 4
2026-03-02Lieser BrianofficerAward / grant2,84834,551Form 4
2026-03-02Zink DougofficerAward / grant7785,901Form 4
2026-03-02Zink DougofficerWithheld for tax455,123Form 4
2026-03-02Bhadra HiranofficerAward / grant2,67431,732Form 4
2026-03-02Bhadra HiranofficerWithheld for tax35229,058Form 4
2026-03-02Chand AshishdirectorAward / grant14,369157,628Form 4
2026-03-02Tate LeahofficerAward / grant2,44030,005Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.