Insider Buying: Acceler8 Ventures (LON:AC8) Insider Acquires 85,500 Shares of Stock

Acceler8 Ventures (LON:AC8) insider Daniel Levine acquired 85,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The shares were purchased at an average cost of GBX 63 per share, for a total transaction of £53,865.

Daniel Levine also recently made the following trade(s):

• On Tuesday, October 13th, Daniel Levine acquired 80,000 shares of Acceler8 Ventures stock. The shares were bought at an average cost of GBX 58 per share, for a total transaction of £46,400.

Acceler8 Ventures Stock Up 9.2%

Shares of LON:AC8 opened at GBX 65 on Thursday. The company has a market capitalization of £488.92 million and a PE ratio of -11.94. The company’s 50-day moving average is GBX 73.56. Acceler8 Ventures has a 12-month low of GBX 17.32 and a 12-month high of GBX 115.

Acceler8 Ventures Company Profile

Acceler8 Ventures plc is a publicly listed investment company focused on identifying and supporting businesses with growth potential. The company’s stated areas of interest include sports, media, entertainment and related consumer or technology opportunities.

Rather than operating a broad portfolio of traditional products or services, Acceler8 Ventures provides capital and strategic support to businesses in its investment portfolio. Its activities may include evaluating new investment opportunities, developing existing holdings and helping portfolio companies pursue expansion.

Acceler8 Ventures is listed in London under the ticker symbol AC8.