Insider Buying: Smithson Investment Trust PLC (LON:SSON) Insider Buys £101,920 in Stock

Smithson Investment Trust PLC (LON:SSONGet Free Report) insider Mike Balfour acquired 7,000 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was purchased at an average price of GBX 1,456 ($18.83) per share, for a total transaction of £101,920 ($131,781.74).

Smithson Investment Trust Trading Down 1.0 %

Shares of LON:SSON opened at GBX 1,436 ($18.57) on Monday. The firm’s 50 day moving average is GBX 1,513.06 and its two-hundred day moving average is GBX 1,473.62. The firm has a market capitalization of £1.84 billion and a P/E ratio of -42.90. Smithson Investment Trust PLC has a 52 week low of GBX 1,340 ($17.33) and a 52 week high of GBX 1,575.04 ($20.37).

Smithson Investment Trust (LON:SSONGet Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

Smithson Investment Trust Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 3rd will be issued a dividend of GBX 0.58 ($0.01) per share. This represents a dividend yield of 0.04%. The ex-dividend date is Thursday, April 3rd.

About Smithson Investment Trust

(Get Free Report)

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.

Further Reading

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