Insider Selling: Pendragon PLC (PDG) Insider Sells 541,854 Shares of Stock
Pendragon PLC (LON:PDG) insider Tim Holden sold 541,854 shares of the company’s stock in a transaction on Monday, March 20th. The shares were sold at an average price of GBX 34 ($0.42), for a total value of £184,230.36 ($227,529.16).
Pendragon PLC (LON:PDG) opened at 35.00 on Tuesday. Pendragon PLC has a 12 month low of GBX 25.10 and a 12 month high of GBX 42.47. The firm’s market capitalization is GBX 500.29 million. The firm has a 50-day moving average price of GBX 34.78 and a 200 day moving average price of GBX 32.03.
The firm also recently announced a dividend, which will be paid on Tuesday, May 23rd. Shareholders of record on Thursday, April 20th will be issued a dividend of GBX 0.75 ($0.01) per share. The ex-dividend date of this dividend is Thursday, April 20th. This is a positive change from Pendragon PLC’s previous dividend of $0.70. This represents a yield of 2.21%.
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PDG has been the topic of several recent analyst reports. Liberum Capital dropped their price target on Pendragon PLC from GBX 50 ($0.62) to GBX 43 ($0.53) and set a “buy” rating on the stock in a research report on Monday, February 6th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 46 ($0.57) target price on shares of Pendragon PLC in a research report on Thursday, February 9th. Canaccord Genuity lowered Pendragon PLC to a “hold” rating and upped their target price for the stock from GBX 35 ($0.43) to GBX 36 ($0.44) in a research report on Wednesday, February 15th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 37 ($0.46) target price on shares of Pendragon PLC in a research report on Tuesday, February 21st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Pendragon PLC presently has an average rating of “Buy” and a consensus target price of GBX 45.33 ($0.56).
Pendragon PLC Company Profile
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