New Star Investment Trust (LON:NSI) Insider John Duffield Purchases 545,000 Shares

Key Points

• John Duffield, an insider at New Star Investment Trust, purchased 545,000 shares at an average price of GBX 116, totaling £632,200.
• On the day of the purchase, the stock price fell to GBX 109 with a trading volume significantly above its average.
• New Star Investment Trust is a closed-ended mutual fund managed by Brompton Asset Management, investing in diverse global markets including equity and bonds.

New Star Investment Trust plc (LON:NSI - ) insider John Duffield acquired 545,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The stock was acquired at an average price of GBX 116 per share, for a total transaction of £632,200.

New Star Investment Trust Price Performance

LON:NSI traded down GBX 3.50 on Wednesday, reaching GBX 109. The stock had a trading volume of 1,100,174 shares, compared to its average volume of 25,412. The company has a market cap of £77.42 million, a price-to-earnings ratio of 695.15 and a beta of 0.30. The firm's fifty day moving average is GBX 111.94 and its two-hundred day moving average is GBX 108.77. New Star Investment Trust plc has a 12-month low of GBX 96 and a 12-month high of GBX 119.

New Star Investment Trust Company Profile

New Star Investment Trust plc is a closed ended balanced mutual fund of funds launched and managed by Brompton Asset Management LLP. The fund invests in funds which invest in the public equity markets across the globe. It primarily invests in equity, bond, commodity, real estate, currency, pooled investment vehicles, exchange traded funds, futures, options, and limited partnerships.

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