ProVen VCT (LON:PVN) Insider Buys £411.06 in Stock

Key Points

• Insider James Barbour-Smit purchased 663 shares of ProVen VCT stock at an average price of GBX 62 ($0.84), totaling £411.06 ($556.16).
• ProVen VCT stock recently traded down by 2.6% to GBX 57 ($0.77), with a trading volume significantly below its average.
• The company reported a net margin of 67.04% and a return on equity of 5.22% in its latest earnings results.

ProVen VCT (LON:PVN - Get Free Report) insider James Barbour-Smit acquired 663 shares of the company's stock in a transaction dated Friday, August 15th. The shares were acquired at an average price of GBX 62 per share, for a total transaction of £411.06.

ProVen VCT Stock Performance

LON:PVN traded up GBX 1.50 during trading hours on Wednesday, reaching GBX 60. The company's stock had a trading volume of 4,455 shares, compared to its average volume of 153,330. The stock has a 50 day moving average price of GBX 58.63 and a two-hundred day moving average price of GBX 59.01. The company has a market capitalization of £163.23 million, a P/E ratio of 17.25 and a beta of 0.02. ProVen VCT has a 12 month low of GBX 56.26 and a 12 month high of GBX 62.50.

ProVen VCT (LON:PVN - Get Free Report) last announced its earnings results on Monday, June 9th. The company reported GBX 0.20 earnings per share (EPS) for the quarter. ProVen VCT had a return on equity of 5.22% and a net margin of 67.04%.

About ProVen VCT

ProVen VCT plc is a venture capital trust specializing in emerging growth stage investment,expansion and management buyouts. The fund invests in small and medium sized smaller companies. It does not invest in startups. It seeks to invest in non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt related securities in growth companies and non-qualifying venture capital investments.