HarbourVest Global Private Equity (LON:HVPE) Insider Acquires £49,970.25 in Stock

HarbourVest Global Private Equity Ltd. (LON:HVPE) insider Alan Devine bought 1,485 shares of HarbourVest Global Private Equity stock in a transaction that occurred on Wednesday, July 1st. The shares were acquired at an average cost of GBX 3,365 per share, for a total transaction of £49,970.25.

HarbourVest Global Private Equity Stock Performance

HarbourVest Global Private Equity stock traded down GBX 45 during mid-day trading on Thursday, reaching GBX 3,320. 38,905 shares of the company traded hands, compared to its average volume of 218,889. The firm’s fifty day moving average is GBX 3,303.45 and its two-hundred day moving average is GBX 3,153.86. The company has a market capitalization of £2.32 billion, a price-to-earnings ratio of 7.26 and a beta of 0.42. HarbourVest Global Private Equity Ltd. has a fifty-two week low of GBX 2,470 and a fifty-two week high of GBX 3,470. The company has a debt-to-equity ratio of 13.60, a current ratio of 9.48 and a quick ratio of 143.41.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HarbourVest Global Private Equity in a research note on Friday, May 29th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, HarbourVest Global Private Equity currently has a consensus rating of “Moderate Buy”.

HarbourVest Global Private Equity Company Profile

HVPE exists to provide easy access to a diversified global portfolio of high-quality private companies by investing in HarbourVest-managed funds, through which we help support innovation and growth in a responsible manner, creating value for all our stakeholders.

Our focus is on building a comprehensive global portfolio of the highest quality investments, in a proactive yet measured way, with the strength of our balance sheet underpinning everything we do.

Our multi-layered investment approach creates diversification, helping to spread risk, and is fundamental to our aim of creating a portfolio that no individual investor can replicate.