Thomas W. Hunersen, a director at abrdn Global Infrastructure Income Fund (NYSE:ASGI), recently purchased 5,000 shares of the company’s common stock. The transaction, which took place on January 15, 2025, was executed at a price of $17.67 per share, amounting to a total value of $88,350.
Following this acquisition, Hunersen's total holdings in the fund increased to 6,000 shares, as per the filing with the Securities and Exchange Commission. The purchase was made directly, underlining Hunersen's confidence in the fund's prospects. The stock has shown resilience with a positive return of ~13% over the past year. InvestingPro subscribers can access additional insights and metrics to evaluate this insider purchase alongside the fund's comprehensive financial health indicators.
The transaction was reported on January 23, 2025, and was signed by Lucia Sitar, acting under power of attorney for Tom Hunersen. This move reflects insider activity that may be of interest to investors monitoring the fund's performance and management actions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.