Michael Lindsell Buys 10,000 Shares of Lindsell Train Investment Trust (LON:LTI) Stock

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was purchased at an average price of GBX 750 per share, with a total value of £75,000.

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

• On Monday, October 20th, Michael Lindsell bought 8,000 shares of Lindsell Train Investment Trust stock. The shares were purchased at an average cost of GBX 730 per share, for a total transaction of £58,400.
• On Friday, October 17th, Michael Lindsell purchased 5,000 shares of Lindsell Train Investment Trust stock. The stock was purchased at an average price of GBX 710 per share, with a total value of £35,500.
• On Monday, October 13th, Michael Lindsell purchased 5,000 shares of Lindsell Train Investment Trust stock. The shares were purchased at an average cost of GBX 714 per share, for a total transaction of £35,700.

Lindsell Train Investment Trust Price Performance

LTI traded up GBX 0.46 during trading hours on Wednesday, hitting GBX 6.76. 108,920 shares of the stock were exchanged, compared to its average volume of 35,523. The stock has a market cap of £1.35 million, a price-to-earnings ratio of -0.30 and a beta of 0.56. The stock has a 50-day simple moving average of GBX 7.03 and a 200-day simple moving average of GBX 500.03. Lindsell Train Investment Trust Plc has a 12 month low of GBX 6.21 and a 12 month high of GBX 8.96.

Lindsell Train Investment Trust (LON:LTI) last posted its quarterly earnings results on Thursday, December 4th. The company reported GBX 19.50 earnings per share (EPS) for the quarter. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.

Lindsell Train Investment Trust Company Profile

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.