Pantheon International (LON:PIN) Reaches New 1-Year High After Insider Buying Activity

Pantheon International PLC (LON:PIN)’s share price hit a new 52-week high on Tuesday following insider buying activity. The company traded as high as GBX 409 and last traded at GBX 407, with a volume of 9809658 shares trading hands. The stock had previously closed at GBX 407.

Specifically, insider Tim Farazmand acquired 24,750 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average price of GBX 402 per share, for a total transaction of £99,495. Also, insider Candida Morley acquired 23,999 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average price of GBX 402 per share, with a total value of £96,475.98. In related news, insider Tony Morgan bought 15,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of GBX 401 per share, with a total value of £60,150.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of Pantheon International in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Pantheon International Stock Performance

The company has a quick ratio of 37.81, a current ratio of 3.88 and a debt-to-equity ratio of 11.21. The stock has a market capitalization of £1.73 billion, a P/E ratio of 49.69 and a beta of 0.82. The firm’s 50 day simple moving average is GBX 379.11 and its two-hundred day simple moving average is GBX 372.60.

Pantheon International Company Profile

Pantheon International Plc (PIN) is an investment trust that provides investors with differentiated access to a global, diversified portfolio of private equity-backed companies through a flexible and active investment approach. Through its commitments to some of the world’s best private equity managers that might otherwise be inaccessible to individual investors, PIN makes the private, public.

Launched in 1987 and a constituent of the FTSE 250, PIN is a company of scale and one of the longest established private equity funds on the London Stock Exchange.