Lindsell Train Investment Trust (LON:LTI) Insider Buys £58,000 in Stock

Lindsell Train Investment Trust Plc (LON:LTI) insider Michael Lindsell acquired 10,000 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was purchased at an average cost of GBX 580 per share, with a total value of £58,000.

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

• On Monday, September 14th, Michael Lindsell bought 5,000 shares of Lindsell Train Investment Trust stock. The shares were purchased at an average cost of GBX 579 per share, for a total transaction of £28,950.

Lindsell Train Investment Trust Trading Down 0.3%

Lindsell Train Investment Trust stock traded down GBX 0.02 during midday trading on Monday, reaching GBX 5.70. 67,849 shares of the stock traded hands, compared to its average volume of 48,055. The firm has a market cap of £1.14 million, a PE ratio of -0.03 and a beta of 0.40. The company has a 50-day simple moving average of GBX 5.65 and a two-hundred day simple moving average of GBX 5.78. Lindsell Train Investment Trust Plc has a 12-month low of GBX 5.29 and a 12-month high of GBX 7.64.

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. It benchmarks the performance of its portfolio against the 2.5% Consolidated Loan Stock and MSCI World Index.