Insider Buying: River Global A (LON:RVRG) Insider Acquires £21,075 in Stock

Key Points

  • Insider purchase: Martin Gilbert acquired 2,107,500 River Global A shares at GBX 1 each, for a total investment of £21,075.
  • Stock performance: Shares opened at GBX 1.28, near their 12-month low of GBX 1 and well below the 12-month high of GBX 6.50. The company has a market capitalization of approximately £2.22 million.
  • Business focus: River Global invests in and operates asset- and wealth-management businesses, emphasizing strategic acquisitions and organic growth opportunities driven by structural industry shifts.

River Global A (LON:RVRG - Get Free Report) insider Martin Gilbert purchased 2,107,500 shares of River Global A stock in a transaction that occurred on Tuesday, October 27th. The stock was purchased at an average price of GBX 1 per share, with a total value of £21,075.

River Global A Stock Performance

LON RVRG opened at GBX 1.28 on Friday. The firm's 50 day moving average price is GBX 1.67 and its two-hundred day moving average price is GBX 3.25. River Global A has a twelve month low of GBX 1 and a twelve month high of GBX 6.50. The stock has a market cap of £2.22 million and a price-to-earnings ratio of -0.17.

About River Global A

(Get Free Report)

River Global PLC (formerly AssetCo plc) is primarily involved in acquiring, managing and operating asset and wealth management activities and interests, together with other related services. The strategy principally focuses on making strategic acquisitions and building organic activities in areas of the asset and wealth management sector where structural shifts have the potential to deliver exceptional growth opportunities. This could include strategic acquisitions of undervalued asset and wealth management businesses which have core capabilities that play to these structural shifts, and where active management can unlock value.

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