AVI Global Trust (LON:AGT) Trading 1% Higher After Insider Buying Activity

AVI Global Trust plc (LON:AGT)’s share price traded up 1% on Friday following insider buying activity. The stock traded as high as GBX 261 ($3.51) and last traded at GBX 261 ($3.51). 177,095 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 952,986 shares. The stock had previously closed at GBX 258.50 ($3.48).

Specifically, insider June Jessop bought 7,000 shares of the company’s stock in a transaction dated Wednesday, August 6th. The stock was bought at an average price of GBX 257 ($3.46) per share, for a total transaction of £17,990 ($24,196.37).

AVI Global Trust Stock Up 1.0%

The business has a fifty day moving average of GBX 245.21 and a 200 day moving average of GBX 237.43. The firm has a market cap of £1.13 billion, a P/E ratio of 5.24 and a beta of 0.78.

AVI Global Trust Company Profile

Established in 1889, the Company’s investment objective is to achieve capital growth through a focused portfolio of investments, particularly in companies whose shares stand at a discount to estimated underlying net asset value.

Unique
A concentrated portfolio combination of family-controlled holding companies, closed-end funds and asset-backed opportunities, unlikely to be found in other funds or indices.

Diversified
A concentrated portfolio of high conviction ideas, yet with broad diversification to sectors and companies through the holding structures of the portfolio companies.

Engaged
Seeking out good quality companies and engaging to improve shareholder value.

Active
Finding complex, inefficient, and overlooked investment opportunities.

Global
Bottom-up stock picking that is benchmark agnostic – seeking the best equity opportunities across the globe.