Insider Buying: Albion Enterprise VCT (LON:AAEV) Insider Purchases £195,769.28 in Stock

Albion Enterprise VCT (LON:AAEV) insider Lord O’Shaughnessy purchased 164,512 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were acquired at an average cost of GBX 119 ($1.53) per share, for a total transaction of £195,769.28 ($252,052.63).

Albion Enterprise VCT Stock Performance

AAEV stock opened at GBX 110 ($1.42) on Thursday. The firm has a market cap of £246.89 million, a P/E ratio of 0.98 and a beta of 0.03. The firm’s fifty day moving average is GBX 109.60 and its 200 day moving average is GBX 113.25. Albion Enterprise VCT has a 52 week low of GBX 104 ($1.34) and a 52 week high of GBX 128 ($1.65).

Albion Enterprise VCT Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were paid a dividend of GBX 3.28 ($0.04) per share. The ex-dividend date was Thursday, February 6th. This represents a dividend yield of 2.89%. Albion Enterprise VCT’s dividend payout ratio (DPR) is currently 5.34%.

Albion Enterprise VCT Company Profile

Albion Enterprise VCT PLC is a venture capital trust specializing in early and growth stage investments. It seeks to invest in the information technology, software, pharmaceutical services, leisure sector, healthcare technology and fintech sector related companies. It does not invest in companies that deal in property or shares and securities, banking and agriculture.