Insider Selling: Burford Capital Limited (NYSE:BUR) President Sells 7,500 Shares of Stock

Burford Capital Limited (NYSE:BUR - Get Free Report) President Aviva O. Will sold 7,500 shares of Burford Capital stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $14.61, for a total value of $109,575.00. Following the transaction, the president now owns 310,979 shares in the company, valued at $4,543,403.19. This trade represents a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Burford Capital Price Performance

NYSE BUR traded down $0.20 on Monday, reaching $13.84. The company had a trading volume of 635,848 shares, compared to its average volume of 862,688. The stock has a market capitalization of $3.03 billion, a PE ratio of 11.93 and a beta of 0.58. Burford Capital Limited has a 12 month low of $12.07 and a 12 month high of $16.77. The company has a quick ratio of 15.75, a current ratio of 15.75 and a debt-to-equity ratio of 0.54. The firm's 50 day moving average price is $13.33 and its 200 day moving average price is $13.35.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BUR. State Street Corp increased its holdings in shares of Burford Capital by 24.6% in the third quarter. State Street Corp now owns 2,946,927 shares of the company's stock valued at $39,076,000 after purchasing an additional 582,514 shares during the period. Emeth Value Capital LLC acquired a new stake in shares of Burford Capital in the fourth quarter valued at about $17,980,000. Claar Advisors LLC boosted its stake in Burford Capital by 22.7% during the third quarter. Claar Advisors LLC now owns 595,446 shares of the company's stock worth $7,896,000 after buying an additional 110,000 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Burford Capital by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 480,315 shares of the company's stock worth $6,369,000 after purchasing an additional 2,277 shares during the period. Finally, HighTower Advisors LLC boosted its stake in Burford Capital by 15.7% during the third quarter. HighTower Advisors LLC now owns 314,037 shares of the company's stock worth $4,154,000 after buying 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.