Latin American (NYSE:LDF) major shareholder City Of London Investment Grou purchased 19,009 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were acquired at an average price of $11.47 per share, for a total transaction of $218,033.23. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Tuesday, October 3rd, City Of London Investment Grou purchased 3,000 shares of Latin American stock. The shares were acquired at an average price of $12.34 per share, for a total transaction of $37,020.00.
  • On Friday, September 1st, City Of London Investment Grou purchased 5,739 shares of Latin American stock. The shares were acquired at an average price of $11.79 per share, for a total transaction of $67,662.81.
  • On Tuesday, August 29th, City Of London Investment Grou purchased 7,700 shares of Latin American stock. The shares were acquired at an average price of $11.58 per share, for a total transaction of $89,166.00.

Latin American (NYSE:LDF) traded down $0.15 during trading on Friday, hitting $11.39. 4,687 shares of the stock were exchanged, compared to its average volume of 9,905.

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Several institutional investors have recently added to or reduced their stakes in LDF. Stifel Financial Corp raised its holdings in shares of Latin American by 0.8% during the 2nd quarter. Stifel Financial Corp now owns 24,293 shares of the company’s stock valued at $254,000 after purchasing an additional 191 shares in the last quarter. Gramercy Funds Management LLC raised its holdings in shares of Latin American by 122.9% during the 2nd quarter. Gramercy Funds Management LLC now owns 57,811 shares of the company’s stock valued at $606,000 after purchasing an additional 31,878 shares in the last quarter. Citigroup Inc. raised its holdings in Latin American by 69.1% in the 2nd quarter. Citigroup Inc. now owns 87,302 shares of the company’s stock worth $915,000 after acquiring an additional 35,684 shares during the period. Wells Fargo & Company MN raised its holdings in Latin American by 2.0% in the 2nd quarter. Wells Fargo & Company MN now owns 152,769 shares of the company’s stock worth $1,601,000 after acquiring an additional 2,999 shares during the period. Finally, Deschutes Portfolio Strategy LLC raised its holdings in Latin American by 1,449.6% in the 2nd quarter. Deschutes Portfolio Strategy LLC now owns 157,454 shares of the company’s stock worth $1,650,000 after acquiring an additional 147,293 shares during the period. Institutional investors and hedge funds own 49.67% of the company’s stock.

Latin American Company Profile

The Latin American Discovery Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Latin American issuers and by investing from time to time in debt securities issued or guaranteed by a Latin American Government or Governmental entity.

Insider Buying and Selling by Quarter for Latin American (NYSE:LDF)

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