Free Trial

Insider Buying: Scottish Mortgage (LON:SMT) Insider Acquires 2,111 Shares of Stock

Scottish Mortgage logo with Financial Services background
Remove Ads

Scottish Mortgage (LON:SMT - Get Free Report) insider Vikram Kumaraswamy bought 2,111 shares of the business's stock in a transaction dated Monday, March 31st. The stock was bought at an average cost of GBX 942 ($12.15) per share, for a total transaction of £19,885.62 ($25,652.24).

Vikram Kumaraswamy also recently made the following trade(s):

  • On Friday, March 28th, Vikram Kumaraswamy bought 2,064 shares of Scottish Mortgage stock. The stock was bought at an average cost of GBX 964 ($12.44) per share, with a total value of £19,896.96 ($25,666.87).

Scottish Mortgage Stock Down 4.9 %

SMT traded down GBX 44 ($0.57) during midday trading on Friday, reaching GBX 855 ($11.03). The company had a trading volume of 53,469,180 shares, compared to its average volume of 4,318,460. Scottish Mortgage has a 1 year low of GBX 733.43 ($9.46) and a 1 year high of GBX 1,142.51 ($14.74). The company has a market cap of £10.46 billion, a P/E ratio of 8.77 and a beta of 0.75. The business has a 50-day moving average of GBX 1,023.12 and a two-hundred day moving average of GBX 952.46.

Scottish Mortgage Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of GBX 4 ($0.05) per share. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 2.8%. This is a boost from Scottish Mortgage's previous dividend of $1.60. Scottish Mortgage's dividend payout ratio (DPR) is presently 4.10%.

About Scottish Mortgage

(Get Free Report)

Scottish Mortgage is a portfolio of what we believe are the world's most exciting growth companies. We believe that a few exceptional companies will make a positive impact on shareholders' returns and society as a whole. Explore our website and you'll discover what we mean by investing in progress, how we find and support the companies shaping the future, and how you can be a part of it.

Read More

Remove Ads

Should You Invest $1,000 in Scottish Mortgage Right Now?

Before you consider Scottish Mortgage, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scottish Mortgage wasn't on the list.

While Scottish Mortgage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

5 International Stocks to Escape U.S. Market Volatility

5 International Stocks to Escape U.S. Market Volatility

MarketBeat’s Chris Markoch shares 5 international stock picks that could offer protection—and potential opportunity—amid the current market uncertainty.

Related Videos

3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
3 AI Stocks to Watch After NVIDIA’s Dip

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads