Insider Buying: Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Buys $25,051.95 in Stock

Posted by Stephan Jacobs on Nov 3rd, 2024

Adams Diversified Equity Fund, Inc. (NYSE:ADX – Get Free Report) Director Jane Musser Nelson bought 1,155 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the completion of the acquisition, the director now directly owns 4,982 shares in the company, valued at $108,059.58. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Adams Diversified Equity Fund Price Performance

ADX stock opened at $21.73 on Friday. Adams Diversified Equity Fund, Inc. has a 1-year low of $16.47 and a 1-year high of $22.49. The business’s 50 day simple moving average is $21.40 and its 200 day simple moving average is $20.93.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ADX. Farther Finance Advisors LLC acquired a new position in shares of Adams Diversified Equity Fund during the 3rd quarter worth approximately $30,000. Rothschild Investment LLC acquired a new position in Adams Diversified Equity Fund in the 2nd quarter valued at $45,000. Sunbelt Securities Inc. grew its holdings in Adams Diversified Equity Fund by 23,200.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 2,563 shares of the closed-end fund’s stock valued at $55,000 after buying an additional 2,552 shares in the last quarter. Covestor Ltd acquired a new position in Adams Diversified Equity Fund in the 1st quarter valued at $203,000. Finally, Great Valley Advisor Group Inc. acquired a new position in Adams Diversified Equity Fund in the 2nd quarter valued at $206,000. 28.41% of the stock is owned by institutional investors and hedge funds.

About Adams Diversified Equity Fund

(Get Free Report)

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.