Burford Capital Limited (NYSE: BUR) is 10.67% higher on its value in year-to-date trading and has touched a low of $12.07 and a high of $16.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BUR stock was last observed hovering at around $14.04 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $14.11, the stock is -0.60% and -0.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing 0.50% at the moment leaves the stock 4.01% off its SMA200. BUR registered -1.33% loss for a year compared to 6-month gain of 4.99%. The firm has a 50-day simple moving average (SMA 50) of $14.14 and a 200-day simple moving average (SMA200) of $13.56625.
The stock witnessed a -8.79% loss in the last 1 month and extending the period to 3 months gives it a 4.36%, and is 6.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.17% over the week and 2.87% over the month.
Burford Capital Limited (BUR) has around 160 employees, a market worth around $3.09B and $540.62M in sales. Current P/E ratio is 21.66 and Fwd P/E is 7.76. Profit margin for the company is 27.10%. Distance from 52-week low is 16.90% and -15.86% from its 52-week high. The company has generated returns on investments over the last 12 months (3.49%).
The EPS is expected to grow by 147.72% this year
272.0 institutions hold shares in Burford Capital Limited (BUR), with institutional investors hold 67.79% of the company’s shares. The shares outstanding are 219.42M, and float is at 188.75M with Short Float at 1.57%. Institutions hold 61.38% of the Float.
The top institutional shareholder in the company is MITHAQ CAPITAL SPC with over 10.54 million shares valued at $137.6 million. The investor’s holdings represent 4.8137 of the BUR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.52 million shares valued at $137.3 million to account for 4.8055 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 9.56 million shares representing 4.3637 and valued at over $119.25 million, while INVESCO LTD. holds 3.8186 of the shares totaling 8.36 million with a market value of $109.16 million.
Burford Capital Limited (BUR) Insider Activity
The most recent transaction is an insider purchase by Lenkner Travis, the company’s Chief Development Officer. SEC filings show that Lenkner Travis bought 25,283 shares of the company’s common stock on Mar 10 ’25 at a price of $13.25 per share for a total of $0.34 million. Following the purchase, the insider now owns 25283.0 shares.
Burford Capital Limited disclosed in a document filed with the SEC on Jan 28 ’25 that BOGART CHRISTOPHER P (Chief Executive Officer) sold a total of 90,000 shares of the company’s common stock. The trade occurred on Jan 28 ’25 and was made at $14.61 per share for $1.31 million. Following the transaction, the insider now directly holds 0.45 million shares of the BUR stock.
Still, SEC filings show that on Jan 28 ’25, Molot Jonathan Todd (Chief Investment Officer) disposed off 90,000 shares at an average price of $14.61 for $1.31 million. The insider now directly holds 3,577,194 shares of Burford Capital Limited (BUR).
