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Simon Pitcher Buys 10,000 Shares of Cordiant Digital Infrastructure (LON:CORD) Stock

Cordiant Digital Infrastructure logo with Financial Services background
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Key Points

  • Simon Pitcher purchased 10,000 shares of Cordiant Digital Infrastructure on April 27 at an average price of GBX 110 per share, a £11,000 transaction.
  • CORD is trading near its 12‑month high (opened GBX 110.74; high GBX 111) with a market capitalization of £847.98 million and a low PE ratio of 5.53.
  • Cordiant is a specialist in digital infrastructure (data centres, fibre, towers), has raised about £795 million of equity plus a €200m Eurobond, and has completed six acquisitions to build stable, often index‑linked income.
  • Five stocks we like better than Cordiant Digital Infrastructure.

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) insider Simon Pitcher purchased 10,000 shares of the business's stock in a transaction dated Monday, April 27th. The shares were purchased at an average cost of GBX 110 per share, for a total transaction of £11,000.

Cordiant Digital Infrastructure Stock Up 0.7%

Shares of CORD opened at GBX 110.74 on Monday. Cordiant Digital Infrastructure has a 12-month low of GBX 81.60 and a 12-month high of GBX 111. The firm has a market capitalization of £847.98 million, a PE ratio of 5.53 and a beta of 0.80. The stock's fifty day simple moving average is GBX 105.22 and its 200-day simple moving average is GBX 103.48.

Cordiant Digital Infrastructure Company Profile

(Get Free Report)

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy - data centres, fibre-optic networks and telecommunication and broadcast towers - in Europe and North America. Further details about the Company can be found on its website at www.cordiantdigitaltrust.com. The Company is a sector-focused specialist owner and operator of Digital Infrastructure, listed on the London Stock Exchange under the ticker CORD. In total, the Company has successfully raised £795 million in equity, along with a debt package that includes a €200m Eurobond with a consortium of blue-chip institutions; deploying the proceeds into six acquisitions: CRA, Hudson, Emitel, Speed Fibre, Belgian Tower Company, and DCU which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company's Buy, Build & Grow model.

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