Insider Buying: Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO Acquires $12,990.40 in Stock

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David C. Sims purchased 1,412 shares of the company’s stock in a transaction dated Thursday, April 10th. The shares were acquired at an average price of $9.20 per share, for a total transaction of $12,990.40. Following the purchase, the chief financial officer now directly owns 196,837 shares of the company’s stock, valued at approximately $1,810,900.40. The trade was a 0.72 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Eagle Capital Growth Fund Trading Down 2.3 %

GRF stock opened at $9.48 on Monday. Eagle Capital Growth Fund, Inc. has a 52 week low of $8.85 and a 52 week high of $11.24. The firm has a 50 day moving average of $9.78 and a 200 day moving average of $9.61.

Institutional Investors Weigh In On Eagle Capital Growth Fund

A hedge fund recently raised its stake in Eagle Capital Growth Fund stock. Mariner LLC boosted its position in Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,628 shares of the company’s stock after buying an additional 1,138 shares during the period. Mariner LLC’s holdings in Eagle Capital Growth Fund were worth $182,000 as of its most recent filing with the Securities & Exchange Commission.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund, Inc is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index.