Insider Selling: Thai Fund Inc. (TTF) Major Shareholder Sells $1,007,122.38 in Stock

Thai Fund Inc. (NYSE:TTF) major shareholder City Of London Investment Grou sold 90,002 shares of the stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $11.19, for a total transaction of $1,007,122.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Monday, December 18th, City Of London Investment Grou sold 77,000 shares of Thai Fund stock. The shares were sold at an average price of $11.26, for a total transaction of $867,020.00.
  • On Friday, December 15th, City Of London Investment Grou sold 37,133 shares of Thai Fund stock. The stock was sold at an average price of $11.20, for a total transaction of $415,889.60.
  • On Wednesday, December 13th, City Of London Investment Grou sold 19,677 shares of Thai Fund stock. The shares were sold at an average price of $11.06, for a total value of $217,627.62.
  • On Monday, December 11th, City Of London Investment Grou sold 25,180 shares of Thai Fund stock. The stock was sold at an average price of $11.03, for a total value of $277,735.40.
  • On Thursday, December 7th, City Of London Investment Grou sold 9,950 shares of Thai Fund stock. The shares were sold at an average price of $11.06, for a total value of $110,047.00.
  • On Friday, November 24th, City Of London Investment Grou sold 1,532 shares of Thai Fund stock. The shares were sold at an average price of $11.08, for a total value of $16,974.56.
  • On Tuesday, November 21st, City Of London Investment Grou sold 30,970 shares of Thai Fund stock. The shares were sold at an average price of $11.10, for a total value of $343,767.00.
  • On Friday, November 17th, City Of London Investment Grou sold 41,603 shares of Thai Fund stock. The stock was sold at an average price of $10.95, for a total value of $455,552.85.
  • On Monday, November 13th, City Of London Investment Grou sold 50,000 shares of Thai Fund stock. The stock was sold at an average price of $10.73, for a total value of $536,500.00.
  • On Friday, November 3rd, City Of London Investment Grou sold 64,371 shares of Thai Fund stock. The stock was sold at an average price of $10.81, for a total value of $695,850.51.

Shares of Thai Fund Inc. (NYSE TTF) opened at $10.65 on Monday. Thai Fund Inc. has a twelve month low of $6.86 and a twelve month high of $11.31.

The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Friday, December 22nd will be given a $0.2162 dividend. This represents a yield of 3.92%. The ex-dividend date of this dividend is Thursday, December 21st.

A number of institutional investors have recently made changes to their positions in TTF. Doliver Capital Advisors LP grew its holdings in Thai Fund by 3.1% in the second quarter. Doliver Capital Advisors LP now owns 23,406 shares of the company’s stock valued at $203,000 after purchasing an additional 701 shares during the period. Citigroup Inc. grew its holdings in Thai Fund by 43.8% in the second quarter. Citigroup Inc. now owns 117,157 shares of the company’s stock valued at $1,016,000 after purchasing an additional 35,710 shares during the period. Finally, Deschutes Portfolio Strategy LLC lifted its position in shares of Thai Fund by 1.1% in the third quarter. Deschutes Portfolio Strategy LLC now owns 455,500 shares of the company’s stock valued at $4,437,000 after acquiring an additional 4,800 shares in the last quarter. 55.91% of the stock is currently owned by institutional investors.

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About Thai Fund

The Thai Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.

Insider Buying and Selling by Quarter for Thai Fund (NYSE:TTF)

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