Insider Buying: HgCapital Trust (LON:HGT) Insider Buys 7,000 Shares of Stock

Key Points

• Insider Graham Paterson purchased 7,000 shares of HgCapital Trust stock at an average price of GBX 500 per share, totaling £35,000.
• HgCapital Trust reported an earnings per share (EPS) of GBX 2.04 with a net margin of 91.03% in its last quarterly results.
• The company manages a portfolio of around 50 private companies, primarily focused on software and business services, generating significant stable cash flows.

HgCapital Trust plc (LON:HGT - Get Free Report) insider Graham Paterson purchased 7,000 shares of HgCapital Trust stock in a transaction that occurred on Wednesday, October 8th. The shares were bought at an average price of GBX 500 per share, for a total transaction of £35,000.

HgCapital Trust Price Performance

HGT stock traded up GBX 0.51 during trading on Wednesday, reaching GBX 499.51. The company had a trading volume of 554,426 shares, compared to its average volume of 657,841. HgCapital Trust plc has a 52 week low of GBX 420 and a 52 week high of GBX 550. The company has a market cap of £2.29 billion, a P/E ratio of 2,919.40 and a beta of 0.44. The business has a 50 day moving average of GBX 499.28 and a 200 day moving average of GBX 500.25.

HgCapital Trust (LON:HGT - Get Free Report) last released its quarterly earnings results on Monday, September 15th. The investment trust reported GBX 2.04 earnings per share (EPS) 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.

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