Michael Lindsell Acquires 50 Shares of Lindsell Train Investment Trust Plc (LON:LTI) Stock

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell acquired 50 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The shares were acquired at an average cost of £817.05 ($1,096.86) per share, for a total transaction of £40,852.50 ($54,842.93).

Michael Lindsell also recently made the following trade(s):

• On Friday, May 9th, Michael Lindsell acquired 50 shares of Lindsell Train Investment Trust stock. The shares were purchased at an average price of £830.05 ($1,114.31) per share, with a total value of £41,502.50 ($55,715.53).
• On Thursday, April 10th, Michael Lindsell purchased 25 shares of Lindsell Train Investment Trust stock. The shares were bought at an average price of £778.69 ($1,045.36) per share, with a total value of £19,467.25 ($26,134.04).

Lindsell Train Investment Trust Stock Up 7.6%

LTI traded up GBX 58 ($0.78) during trading on Monday, reaching GBX 824 ($11.06). 634 shares of the stock traded hands, compared to its average volume of 313. The stock has a market capitalization of £164.98 million, a PE ratio of 21.38 and a beta of 0.56. The stock’s 50-day moving average is GBX 820.31 and its 200 day moving average is GBX 815.08. Lindsell Train Investment Trust Plc has a 12 month low of GBX 665.20 ($8.93) and a 12 month high of GBX 890 ($11.95).

Lindsell Train Investment Trust (LON:LTI) last released its quarterly earnings data on Friday, June 13th. The company reported GBX 4,283 ($57.50) EPS for the quarter. Lindsell Train Investment Trust had a net margin of 82.49% and a return on equity of 3.89%.

About Lindsell Train Investment Trust

Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund products, cash, and other financial investments.