Shares of Patria Private Equity Trust (LON:PPET – Get Free Report) traded up 0.3% during mid-day trading on Friday . The company traded as high as GBX 620 and last traded at GBX 606. 152,808 shares traded hands during trading, a decline of 63% from the average session volume of 417,950 shares. The stock had previously closed at GBX 604.
Patria Private Equity Trust Trading Up 0.3%
The stock’s fifty day simple moving average is GBX 594. The firm has a market cap of £887.28 million and a P/E ratio of 8.06.
Insider Buying and Selling at Patria Private Equity Trust
In related news, insider Duncan Budge bought 6,922 shares of the stock in a transaction dated Friday, March 20th. The stock was purchased at an average cost of GBX 575 per share, with a total value of £39,801.50. Company insiders own 1.57% of the company’s stock.
About Patria Private Equity Trust
Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.
The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.
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