Burford Capital Limited (NYSE:BUR) Insider Sells $43,830.00 in Stock

Burford Capital Limited (NYSE:BUR - Get Free Report) insider David Perla sold 3,000 shares of the stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total transaction of $43,830.00. Following the transaction, the insider now owns 82,489 shares of the company's stock, valued at $1,205,164.29. This trade represents a 3.51 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Burford Capital Trading Down 1.5 %

Shares of BUR stock traded down $0.20 during trading hours on Monday, reaching $13.84. 635,848 shares of the stock were exchanged, compared to its average volume of 862,688. The company's 50-day moving average price is $13.33 and its 200-day moving average price is $13.35. The firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of 11.93 and a beta of 0.58. 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 12-month low of $12.07 and a 12-month high of $16.77.

Burford Capital (NYSE:BUR - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.30 by $0.31. The business had revenue of $249.11 million during the quarter, compared to analyst estimates of $137.00 million. Burford Capital had a net margin of 34.81% and a return on equity of 8.07%. During the same quarter in the previous year, the business posted $1.22 EPS. As a group, equities analysts anticipate that Burford Capital Limited will post 1.25 earnings per share for the current year.

Institutional Investors Weigh In On Burford Capital

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its stake in shares of Burford Capital by 24.6% during the third quarter. State Street Corp now owns 2,946,927 shares of the company's stock worth $39,076,000 after acquiring an additional 582,514 shares during the last quarter. Emeth Value Capital LLC purchased a new position in shares of Burford Capital during the 4th quarter valued at about $17,980,000. Claar Advisors LLC grew its stake in shares of Burford Capital by 22.7% during the 3rd quarter. Claar Advisors LLC now owns 595,446 shares of the company's stock worth $7,896,000 after purchasing an additional 110,000 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Burford Capital by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company's stock valued at $6,369,000 after purchasing an additional 2,277 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Burford Capital by 15.7% in the third quarter. HighTower Advisors LLC now owns 314,037 shares of the company's stock valued at $4,154,000 after purchasing an additional 42,699 shares during the period.

About Burford Capital

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.