Burford Capital Limited (NYSE:BUR – Get Free Report) CEO Christopher P. Bogart sold 90,000 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $1,314,900.00. Following the completion of the transaction, the chief executive officer now directly owns 452,185 shares in the company, valued at approximately $6,606,422.85. This represents a 16.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Burford Capital Stock Performance
NYSE BUR opened at $14.31 on Friday. The firm’s 50 day simple moving average is $13.32 and its 200 day simple moving average is $13.37. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 12.34 and a beta of 0.56. The company has a current ratio of 15.75, a quick ratio of 15.75 and a debt-to-equity ratio of 0.54. Burford Capital Limited has a 1 year low of $12.07 and a 1 year high of $16.77.
Burford Capital (NYSE:BUR – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.31. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. The firm had revenue of $249.11 million for the quarter, compared to the consensus estimate of $137.00 million. During the same quarter last year, the business posted $1.22 EPS. As a group, research analysts expect that Burford Capital Limited will post 1.25 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Burford Capital Company Profile
Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.
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