Lindsell Train Investment Trust Plc (LON:LTI) Insider Michael Lindsell Buys 50 Shares

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell purchased 50 shares of the company’s stock in a transaction that occurred on Thursday, July 17th. The shares were acquired at an average price of £847.60 ($1,138.18) per share, for a total transaction of £42,380 ($56,908.82).

Michael Lindsell also recently made the following trade(s):

• On Monday, June 23rd, Michael Lindsell acquired 50 shares of Lindsell Train Investment Trust stock. The stock was acquired at an average price of £817.05 ($1,097.15) per share, with a total value of £40,852.50 ($54,857.66).
• On Friday, May 9th, Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock. The shares were bought at an average price of £830.05 ($1,114.61) per share, for a total transaction of £41,502.50 ($55,730.50).

Lindsell Train Investment Trust Stock Performance

Shares of LON LTI opened at GBX 846 ($11.36) on Friday. Lindsell Train Investment Trust Plc has a fifty-two week low of GBX 665.20 ($8.93) and a fifty-two week high of GBX 890 ($11.95). The stock has a market cap of £169.39 million, a PE ratio of 21.96 and a beta of 0.56. The stock has a fifty day moving average of GBX 832.83 and a 200-day moving average of GBX 823.30.

Lindsell Train Investment Trust (LON:LTI) last posted its earnings results on Friday, June 13th. The company reported GBX 4,283 ($57.51) earnings per share for the quarter. Lindsell Train Investment Trust had a return on equity of 3.89% and a net margin of 82.49%.

About Lindsell Train Investment Trust

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments.