Baillie Gifford UK Growth Trust (LON:BGUK) Hits New 52-Week High - Still a Buy?

Key Points

• 52-week high: Baillie Gifford UK Growth Trust hit a new 52-week high, trading as high as GBX 212 and last at GBX 211 (volume 303,211), with a market cap of £233.28m, P/E of 7.45 and 50-/200-day SMAs around GBX 197.48 and GBX 201.68.
• Insider buying: Director Cathy Pitt bought 5,014 shares on March 5 at an average of GBX 198 per share (≈£9,927.72), and corporate insiders currently own about 0.44% of the stock.
• Aim and strategy: The Trust aims to achieve capital growth and total returns in excess of the FTSE All-Share via a relatively concentrated, index-agnostic UK equity portfolio of 35–65 holdings with a five-year investment horizon and up to 10% initial allocation to private companies.

Baillie Gifford UK Growth Trust plc (LON:BGUK - )'s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 212 and last traded at GBX 211, with a volume of 303211 shares. The stock had previously closed at GBX 207.

Baillie Gifford UK Growth Trust Stock Up 1.9%

The stock has a market cap of £233.28 million, a price-to-earnings ratio of 7.45 and a beta of 1.35. The company's 50-day simple moving average is GBX 197.48 and its 200-day simple moving average is GBX 201.68.

Insider Buying and Selling at Baillie Gifford UK Growth Trust

In related news, insider Cathy Pitt bought 5,014 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average cost of GBX 198 per share, for a total transaction of £9,927.72. 0.44% of the stock is currently owned by corporate insiders.

Baillie Gifford UK Growth Trust Company Profile

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 - 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.

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