Mark T. Haley, an insider at Liberty All-Star Equity Fund (USA), recently acquired 159,071 shares of the company at a price of $6.30 per share, totaling approximately $1.00 million. Following this transaction, Haley holds a total of 159,071 shares in the fund.
Liberty All-Star Equity Fund, headquartered in Boston, Massachusetts, is a diversified, closed-end management investment company. The fund aims for total investment return through long-term capital appreciation and current income, primarily focusing on a diversified portfolio of equity securities. Notably, it invests over 80% of its net assets in equity securities, which include common stocks and convertible securities.
This insider buying activity may suggest confidence in the company's future, as insiders typically have access to non-public information. However, it's essential for investors to consider that insider transactions can stem from various personal or regulatory reasons.
Insider transactions are disclosed to the SEC, providing transparency into executives' and board members' perspectives on their stock. While Haley's purchase is a significant data point, investors should look for patterns across multiple insiders and time periods rather than relying solely on isolated transactions.
As of November 25, 2025, Liberty All-Star Equity Fund has a market capitalization of $1.7 billion, a P/E ratio of 4.40, and an EPS of 1.44. The fund's next earnings report is scheduled for February 18, 2026, followed by another on May 15, 2026.