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

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

Burford Capital Stock Down 0.3 %

NYSE BUR traded down $0.05 on Thursday, hitting $14.31. 882,459 shares of the stock traded hands, compared to its average volume of 875,398. The company has a market capitalization of $3.13 billion, a P/E ratio of 12.34 and a beta of 0.56. The stock has a 50-day moving average of $13.31 and a 200 day moving average of $13.36. 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 twelve month low of $12.07 and a twelve month high of $16.77.

Burford Capital (NYSE:BUR) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.31. The firm had revenue of $249.11 million for the quarter, compared to analysts’ expectations of $137.00 million. Burford Capital had a return on equity of 8.07% and a net margin of 34.81%. During the same period last year, the business posted $1.22 earnings per share. As a group, analysts expect that Burford Capital Limited will post 1.25 earnings per share for the current fiscal year.

Institutional Trading of Burford Capital

Hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. bought a new stake in Burford Capital during the third quarter worth approximately $57,000. Amalgamated Bank acquired a new position in shares of Burford Capital during the 2nd quarter valued at $90,000. Blue Trust Inc. raised its stake in shares of Burford Capital by 503.2% in the 3rd quarter. Blue Trust Inc. now owns 7,769 shares of the company’s stock worth $101,000 after buying an additional 6,481 shares in the last quarter. Covestor Ltd lifted its holdings in shares of Burford Capital by 27.6% in the third quarter. Covestor Ltd now owns 8,527 shares of the company’s stock valued at $113,000 after buying an additional 1,842 shares during the period. Finally, BBR Partners LLC acquired a new stake in shares of Burford Capital in the third quarter valued at $133,000.

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.