Insider Buying: Baillie Gifford UK Growth Trust (LON:BGUK) Insider Buys 5,014 Shares of Stock

Key Points

  • Insider purchase: Cathy Pitt bought 5,014 shares on March 5 at GBX 198 per share for a total of £9,927.72, marking recent insider buying in Baillie Gifford UK Growth Trust (LON:BGUK).
  • Price & valuation: BGUK opened at GBX 198, trading below its 50-day (GBX 204.26) and 200-day (GBX 202.92) moving averages and within a 52-week range of GBX 155–212; the trust has a market cap of £227.63 million and a PE ratio of 6.99.
  • Investment strategy: The Trust aims to outperform the FTSE All-Share through an index-agnostic, concentrated UK equity portfolio of 35–65 companies with a five-year horizon and up to 10% allocation to private companies.

Baillie Gifford UK Growth Trust plc (LON:BGUK - Get Free Report) insider Cathy Pitt bought 5,014 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The stock was bought at an average cost of GBX 198 per share, for a total transaction of £9,927.72.

Baillie Gifford UK Growth Trust Stock Performance

LON:BGUK opened at GBX 198 on Friday. The stock has a 50-day simple moving average of GBX 204.26 and a two-hundred day simple moving average of GBX 202.92. Baillie Gifford UK Growth Trust plc has a 52-week low of GBX 155 and a 52-week high of GBX 212. The firm has a market capitalization of £227.63 million, a PE ratio of 6.99 and a beta of 1.04.

About Baillie Gifford UK Growth Trust

(Get Free Report)

The Trust aims to achieve capital growth predominantly from investment in UK listed equities, with the aim of providing a total return in excess of the FTSE All-Share Index. Investments are made with a five year investment horizon and the portfolio is relatively concentrated with between 35 - 65 companies. 10% of the total asset value of the Trust can be invested, at the time of initial investment, in private companies. Sector and industry weightings are a consequence of the index agnostic approach to stock selection.

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