Pendragon PLC (LON:PDG) insider Trevor Finn sold 3,500,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of GBX 34 ($0.43), for a total transaction of £1,190,000 ($1,505,376.34).

Pendragon PLC (LON PDG) traded down 2.94% on Wednesday, reaching GBX 33.00. 1,912,022 shares of the company’s stock traded hands. Pendragon PLC has a 52-week low of GBX 25.10 and a 52-week high of GBX 39.25. The firm’s market cap is GBX 471.70 million. The stock’s 50 day moving average is GBX 35.30 and its 200 day moving average is GBX 33.89.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/06/14/insider-selling-pendragon-plc-pdg-insider-sells-3500000-shares-of-stock.html.

PDG has been the topic of several research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 43 ($0.54) price objective on shares of Pendragon PLC in a research note on Tuesday, February 14th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 35 ($0.44) price objective on shares of Pendragon PLC in a research note on Tuesday, February 14th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 37 ($0.47) price objective on shares of Pendragon PLC in a research note on Tuesday, February 21st. Berenberg Bank reiterated a “buy” rating and issued a GBX 46 ($0.58) price objective on shares of Pendragon PLC in a research note on Tuesday, April 25th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a GBX 55 ($0.70) price objective on shares of Pendragon PLC in a research note on Friday, May 5th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 45.33 ($0.57).

About Pendragon PLC

Receive News & Ratings for Pendragon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon PLC and related companies with MarketBeat.com's FREE daily email newsletter.