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

Key Points

• Insider Transaction: Jim Strang, an insider at HgCapital Trust, purchased 7,500 shares at an average price of GBX 500, totaling £37,500.
• Stock Performance: HgCapital Trust shares traded up to GBX 500 on the day of the transaction, with a market capitalization of £2.29 billion and an average trading volume of 659,022 shares.
• Recent Earnings: The company reported earnings of GBX 2.04 per share for the quarter ending September 15th, with a return on equity of 11.93% and a net margin of 91.03%.

HgCapital Trust plc (LON:HGT - Get Free Report) insider Jim Strang acquired 7,500 shares of HgCapital Trust stock in a transaction dated Friday, October 3rd. The shares were bought at an average cost of GBX 500 per share, with a total value of £37,500.

HgCapital Trust Price Performance

Shares of HGT traded up GBX 2 during trading hours on Friday, hitting GBX 500. 636,531 shares of the company were exchanged, compared to its average volume of 659,022. The company has a market capitalization of £2.29 billion, a PE ratio of 969.37 and a beta of 0.44. The firm has a fifty day simple moving average of GBX 500.12 and a 200-day simple moving average of GBX 500.07. HgCapital Trust plc has a one year low of GBX 420 and a one year high of GBX 550.

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

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.

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