Latin American (LDF) Major Shareholder Buys $127,190.00 in Stock

Latin American (NYSE:LDF) major shareholder City Of London Investment Grou bought 11,500 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were purchased at an average price of $11.06 per share, with a total value of $127,190.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, November 2nd, City Of London Investment Grou bought 19,009 shares of Latin American stock. The shares were purchased at an average price of $11.47 per share, with a total value of $218,033.23.
  • On Tuesday, October 3rd, City Of London Investment Grou bought 3,000 shares of Latin American stock. The shares were purchased at an average price of $12.34 per share, with a total value of $37,020.00.

Latin American (NYSE LDF) traded up $0.02 during trading on Friday, hitting $11.10. 14,465 shares of the stock were exchanged, compared to its average volume of 13,352. Latin American has a one year low of $8.91 and a one year high of $12.68.

Several institutional investors have recently bought and sold shares of the company. City of London Investment Management Co. Ltd. boosted its holdings in shares of Latin American by 0.6% during the third quarter. City of London Investment Management Co. Ltd. now owns 2,219,018 shares of the company’s stock worth $26,806,000 after purchasing an additional 13,439 shares during the period. Deschutes Portfolio Strategy LLC boosted its holdings in shares of Latin American by 55.9% during the third quarter. Deschutes Portfolio Strategy LLC now owns 245,441 shares of the company’s stock worth $2,965,000 after purchasing an additional 87,987 shares during the period. Stifel Financial Corp boosted its holdings in shares of Latin American by 0.8% during the second quarter. Stifel Financial Corp now owns 24,293 shares of the company’s stock worth $254,000 after purchasing an additional 191 shares during the period. Citigroup Inc. boosted its holdings in shares of Latin American by 69.1% during the second quarter. Citigroup Inc. now owns 87,302 shares of the company’s stock worth $915,000 after purchasing an additional 35,684 shares during the period. Finally, Gramercy Funds Management LLC boosted its holdings in shares of Latin American by 122.9% during the second quarter. Gramercy Funds Management LLC now owns 57,811 shares of the company’s stock worth $606,000 after purchasing an additional 31,878 shares during the period. Institutional investors own 47.40% of the company’s stock.

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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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