Blue Owl Co‑President Zahr Marc Continues Steady Buying, Signals Management Confidence Amid Market Headwinds

Insider Buying Signals Blue Owl Capital’s Co‑President, Zahr Marc

Blue Owl Capital Inc. (BOW) saw its most recent filing on February 12, 2026 when Co‑President Zahr Marc executed a sizeable purchase of 878,709 Class C shares, bringing his post‑transaction holding to 9,568,576 shares. The trade was executed at a price of $12.30, roughly 0.02 % below the market close of $12.49 on the previous trading day. While the transaction amount is modest relative to the company’s $19.7 billion market cap, the timing and consistency of Zahr’s buying cadence provide a useful barometer of management confidence.

1. What the Current Trade Says About Management Sentiment

Zahr’s latest purchase aligns with a pattern that has emerged over the past two years: a series of incremental buy‑ups of both Class C shares and Blue Owl Operating Group (BOG) units. His most recent trades in August and November 2025 were for 369,021 and 470,739 shares, respectively, with post‑transaction holdings consistently around the 49 million‑share mark. The February 2026 purchase keeps this trajectory steady, suggesting that, in the absence of a major catalyst, the management team remains content with the current valuation and growth outlook.

The social‑media sentiment snapshot – a slight negative tone (‑2) but a moderate buzz (7.7 %) – indicates that the market’s chatter is muted. This is consistent with the lack of a major earnings release or strategic announcement at the time of the trade. Investors can therefore view the buy as a routine, confidence‑boosting move rather than a signal of impending upside.

2. Implications for Investors and Company Trajectory

Blue Owl’s share price has slipped 1.76 % over the week and 21.15 % over the month, a sharp decline that reflects the broader market drag on high‑growth financials. The company’s high price‑earnings ratio of 125.7 and a 49 % year‑to‑date decline underscore the valuation pressure. Yet, the company’s recent successful fund closings and sizable private‑credit deals – such as the $3.5 bn loan consortium for Clearwater Analytics – suggest a robust pipeline of income‑generating assets.

Zahr’s continued buying can be interpreted as a vote of confidence that the current valuation still under‑prices the firm’s future earnings potential. For investors, this is a reminder that insider activity should be read in conjunction with fundamentals. The company’s strategic focus on software and technology lending, coupled with a strong capital base, may offer a rebound path that insider buying hints at, even if short‑term volatility persists.

3. A Profile of Zahr Marc: The Consistent Investor

Zahr has been a steady participant in Blue Owl’s equity story. His trade history is characterized by:

• Regularity: Eight major buy transactions since August 2025, always in Class C and BOG units.
• Magnitude: Purchases ranging from 369,021 to 470,739 shares, consistently adding roughly 9–10 % to his holdings.
• Timing: Most purchases coincide with periods of strategic announcements (fund closings, large loan deals), suggesting a “buy the news” mentality.
• Lock‑up Dynamics: His holdings include Incentive Units that vest over a one‑year lock‑up, aligning his interests with the company’s long‑term performance.

Overall, Zahr’s activity reflects a long‑term stake holder who seeks incremental exposure as the company scales. His buying pattern does not signal an impending sell‑off or a rush to capitalize on a price spike; rather, it underscores a belief that Blue Owl’s current valuation still offers upside.

4. Bottom Line for the Market

• Insider buying remains steady, pointing to management’s confidence in Blue Owl’s strategic direction.
• Short‑term price pressure is likely a market‑wide phenomenon rather than a company‑specific issue.
• Fundamental strength – large capital commitments and a robust deal flow – suggests potential for a rebound, especially as the company’s portfolio matures.
• Investors should monitor Zahr’s subsequent trades and the company’s quarterly reports for any shift in sentiment or strategy.

In a sector where valuations are highly sensitive to macro‑economic shifts, insider activity can serve as a useful, though not definitive, gauge of management’s outlook. Zahr Marc’s consistent buying, set against the backdrop of Blue Owl’s expanding credit portfolio, signals that the firm’s leadership believes the current price still leaves room for growth.