Insider Buying: Lindsell Train Investment Trust Plc (LON:LTI) Insider Buys £41,180 in Stock

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell acquired 50 shares of the company’s stock in a transaction on Monday, July 8th. The stock was bought at an average price of £823.60 ($1,054.95) per share, for a total transaction of £41,180 ($52,747.53).

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

• On Thursday, June 13th, Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock. The stock was acquired at an average price of £821.60 ($1,052.39) per share, with a total value of £41,080 ($52,619.44).
• On Monday, April 22nd, Michael Lindsell bought 50 shares of Lindsell Train Investment Trust stock. The stock was purchased at an average price of £802.03 ($1,027.32) per share, for a total transaction of £40,101.50 ($51,366.08).
• On Tuesday, April 16th, Michael Lindsell purchased 50 shares of Lindsell Train Investment Trust stock. The stock was bought at an average cost of £802 ($1,027.28) per share, with a total value of £40,100 ($51,364.16).
• On Thursday, April 11th, Michael Lindsell acquired 50 shares of Lindsell Train Investment Trust stock. The stock was acquired at an average price of GBX 80 ($1.02) per share, with a total value of GBX 4,000 ($51.24).
• On Tuesday, April 9th, Michael Lindsell bought 75 shares of Lindsell Train Investment Trust stock. The stock was purchased at an average cost of £795.90 ($1,019.47) per share, for a total transaction of £59,692.50 ($76,460.23).

Lindsell Train Investment Trust Stock Performance

Shares of LTI opened at GBX 823 ($10.54) on Thursday. The stock has a fifty day moving average price of GBX 819.12 and a two-hundred day moving average price of GBX 824.57. The company has a market cap of £1.65 million, a price-to-earnings ratio of -89.95 and a beta of 0.55. Lindsell Train Investment Trust Plc has a 52-week low of GBX 713.92 ($9.14) and a 52-week high of GBX 1,045 ($13.39).

Lindsell Train Investment Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 8th will be given a dividend of GBX 5,150 ($65.97) per share. The ex-dividend date is Thursday, August 8th. This represents a yield of 6.09%. Lindsell Train Investment Trust’s dividend payout ratio (DPR) is -56,284.15%.

Lindsell Train Investment Trust Company Profile

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.