Eagle Capital Growth Fund (NYSEAMERICAN:GRF) Stock: Insider David Sims Buys 8,806 Shares

Eagle Capital Growth Fund, Inc. (NYSEAMERICAN:GRF) CFO David Sims acquired 8,806 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were acquired at an average cost of $10.05 per share, for a total transaction of $88,500.30. Following the completion of the acquisition, the chief financial officer owned 228,838 shares of the company’s stock, valued at $2,299,821.90. This trade represents a 4.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Eagle Capital Growth Fund Trading Down 1.4%

Shares of NYSEAMERICAN:GRF traded down $0.14 on Tuesday, reaching $10.15. The company had a trading volume of 2,232 shares, compared to its average volume of 3,363. Eagle Capital Growth Fund, Inc. has a 52-week low of $9.50 and a 52-week high of $11.85. The firm’s 50 day simple moving average is $10.22 and its 200-day simple moving average is $10.18.

Eagle Capital Growth Fund Company Profile

Eagle Capital Growth Fund, Inc (NYSE American: GRF) is a closed-end investment company that seeks long-term capital appreciation for its shareholders. The fund invests primarily in publicly traded common stocks and other equity securities of companies that its investment adviser believes offer attractive growth prospects.

The fund provides investors with a professionally managed, diversified portfolio rather than operating a conventional business that sells products or services directly to customers.