Morgan Herbert William buys $15k in private shares fund stock

In a recent transaction on September 18, Morgan Herbert William, a director of Private Shares Fund, purchased shares in the company. The acquisition, involving 372.486 shares of beneficial interest, was executed at a price of $40.27 per share, amounting to a total investment of approximately $15,000.

This transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the purchase, Morgan Herbert William's ownership in the Private Shares Fund, which trades under the ticker NASDAQ:PIIVX, increased to 372.486 shares.

Investors often monitor such transactions involving company insiders as they can provide insights into the executive's confidence in the company's future prospects. However, it is important to note that such transactions do not necessarily indicate future performance and should be considered as one of many factors when evaluating a company's potential.

Private Shares Fund, incorporated in New York, is a fund that has undergone name changes in the past, previously known as SharesPost 100 Fund and SharesPost 100 Fund LLC. The company is headquartered in New York, NY, with a business address at 88 Pine Street.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source: Investing.com