Insider Buying: Albion Enterprise VCT (LON:AAEV) Insider Acquires 164,512 Shares of Stock

Albion Enterprise VCT (LON:AAEV) insider Lord O’Shaughnessy purchased 164,512 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was bought at an average price of GBX 119 ($1.54) per share, with a total value of £195,769.28 ($252,964.57).

Albion Enterprise VCT Price Performance

Shares of LON AAEV opened at GBX 108 ($1.40) on Tuesday. Albion Enterprise VCT has a 1-year low of GBX 104 ($1.34) and a 1-year high of GBX 128 ($1.65). The company has a market capitalization of £242.40 million, a price-to-earnings ratio of 0.96 and a beta of 0.03. The business has a 50-day moving average of GBX 109.76 and a 200-day moving average of GBX 113.39.

Albion Enterprise VCT Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 6th were issued a GBX 3.28 ($0.04) dividend. This represents a yield of 2.89%. The ex-dividend date was Thursday, February 6th. Albion Enterprise VCT’s dividend payout ratio is presently 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.