Insider Selling: Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Sells 9,500 Shares of Stock

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Frederic A. Escherich sold 9,500 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $21.93, for a total value of $208,335.00. Following the sale, the director now owns 49,908 shares in the company, valued at approximately $1,094,482.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Adams Diversified Equity Fund Price Performance

Shares of ADX opened at $21.96 on Thursday. Adams Diversified Equity Fund, Inc. has a 52-week low of $16.06 and a 52-week high of $22.49. The business’s 50 day moving average price is $21.38 and its two-hundred day moving average price is $20.89.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its holdings in Adams Diversified Equity Fund by 2.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 407,538 shares of the closed-end fund’s stock worth $7,955,000 after purchasing an additional 10,390 shares during the period. Tradewinds Capital Management LLC acquired a new position in Adams Diversified Equity Fund during the first quarter worth $173,000. Concurrent Investment Advisors LLC raised its holdings in shares of Adams Diversified Equity Fund by 71.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 24,142 shares of the closed-end fund’s stock worth $471,000 after acquiring an additional 10,087 shares during the last quarter. Covestor Ltd bought a new stake in Adams Diversified Equity Fund during the 1st quarter worth approximately $203,000. Finally, Lazard Asset Management LLC raised its stake in shares of Adams Diversified Equity Fund by 6.8% in the first quarter. Lazard Asset Management LLC now owns 4,401,972 shares of the closed-end fund’s stock worth $85,926,000 after purchasing an additional 279,285 shares during the last quarter. Institutional investors and hedge funds own 28.41% of the company’s stock.

About Adams Diversified Equity Fund

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.