Graham Charlton Acquires 48 Shares of Softcat PLC (SCT) Stock
Softcat PLC (LON:SCT) insider Graham Charlton acquired 48 shares of the firm’s stock in a transaction dated Friday, October 7th. The shares were acquired at an average price of GBX 311 ($3.85) per share, for a total transaction of £149.28 ($184.75).
Shares of Softcat PLC (LON:SCT) traded down 0.03% on Tuesday, hitting GBX 309.90. The company had a trading volume of 154,009 shares. Softcat PLC has a 12-month low of GBX 240.00 and a 12-month high of GBX 383.80. The company has a 50 day moving average of GBX 324.77 and a 200-day moving average of GBX 329.30. The company’s market cap is GBX 607.20 million.
Several equities research analysts have recently issued reports on SCT shares. Berenberg Bank restated a “buy” rating and set a GBX 425 ($5.26) price objective on shares of Softcat PLC in a report on Monday, July 25th. Citigroup Inc. started coverage on Softcat PLC in a report on Tuesday, September 13th. They set a “buy” rating and a GBX 410 ($5.07) price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Softcat PLC has an average rating of “Buy” and an average target price of GBX 380 ($4.70).
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About Softcat PLC
Softcat plc, formerly Softcat Limited, is an information technology (IT) infrastructure and services provider. The Company provides corporate and public sector organization’s with IT infrastructure solutions, including the products and services they require to design, implement, support and manage these solutions, on premise, in the cloud or a combination of both.
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