HgCapital Trust (LON:HGT) Insider Jim Strang Acquires 7,500 Shares

HgCapital Trust plc (LON:HGT) insider Jim Strang bought 7,500 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were purchased at an average cost of GBX 500 per share, with a total value of £37,500.

HgCapital Trust Stock Up 0.4%

Shares of LON HGT opened at GBX 500 on Friday. HgCapital Trust plc has a twelve month low of GBX 420 and a twelve month high of GBX 550. The firm has a fifty day simple moving average of GBX 499.78 and a 200 day simple moving average of GBX 500.10. The company has a market capitalization of £2.29 billion, a PE ratio of 969.37 and a beta of 0.44.

HgCapital Trust (LON:HGT) last announced its earnings results on Monday, September 15th. The investment trust reported GBX 2.04 earnings per share for the quarter. HgCapital Trust had a net margin of 91.03% and a return on equity of 11.93%.

HgCapital Trust Company Profile

HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of c.50 private companies sourced by Hg. Value is created through implementing an investment strategy focused on software and business service companies with resilient, recurring revenue streams and from leveraging the network and expertise of Hg to support management teams to deliver the full potential of their respective businesses.
With highly predictable and stable cash flows, the top 20 businesses (representing 76% by value of HGT’s investments) reported aggregate sales of £10.6 billion and EBITDA of £3.3 billion over the last 12 months, equating to an EBITDA margin of 31%.
Hg brings to HgT an experienced team of c.400 employees, including c.