Gamma Communications PLC (LON:GAMA) insider Andrew Jonathan Stone sold 7,500 shares of the stock in a transaction that occurred on Friday, June 16th. The shares were sold at an average price of GBX 575 ($7.33), for a total value of £43,125 ($54,943.30).

Andrew Jonathan Stone also recently made the following trade(s):

  • On Wednesday, May 31st, Andrew Jonathan Stone sold 13,000 shares of Gamma Communications PLC stock. The shares were sold at an average price of GBX 576 ($7.34), for a total value of £74,880 ($95,400.69).
  • On Monday, May 22nd, Andrew Jonathan Stone sold 3,500 shares of Gamma Communications PLC stock. The shares were sold at an average price of GBX 576 ($7.34), for a total value of £20,160 ($25,684.80).
  • On Friday, May 5th, Andrew Jonathan Stone sold 70,000 shares of Gamma Communications PLC stock. The stock was sold at an average price of GBX 575 ($7.33), for a total transaction of £402,500 ($512,804.18).
  • On Tuesday, April 18th, Andrew Jonathan Stone sold 50,000 shares of Gamma Communications PLC stock. The stock was sold at an average price of GBX 530 ($6.75), for a total transaction of £265,000 ($337,622.63).
  • On Wednesday, April 5th, Andrew Jonathan Stone sold 100,000 shares of Gamma Communications PLC stock. The stock was sold at an average price of GBX 505 ($6.43), for a total transaction of £505,000 ($643,394.06).
  • On Monday, April 3rd, Andrew Jonathan Stone sold 100,000 shares of Gamma Communications PLC stock. The stock was sold at an average price of GBX 493 ($6.28), for a total transaction of £493,000 ($628,105.49).

Shares of Gamma Communications PLC (LON:GAMA) traded up 0.39% on Monday, reaching GBX 577.25. The company had a trading volume of 11,842 shares. The firm’s market capitalization is GBX 529.17 million. The company’s 50-day moving average price is GBX 565.81 and its 200-day moving average price is GBX 507.89. Gamma Communications PLC has a 52-week low of GBX 363.00 and a 52-week high of GBX 585.63.

Insider Buying and Selling by Quarter for Gamma Communications PLC (LON:GAMA)

The company also recently disclosed a dividend, which will be paid on Thursday, June 22nd. Shareholders of record on Thursday, June 1st will be issued a GBX 5 ($0.06) dividend. This represents a yield of 1.05%. This is a positive change from Gamma Communications PLC’s previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, June 1st.

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Separately, Investec raised their price objective on shares of Gamma Communications PLC from GBX 550 ($7.01) to GBX 585 ($7.45) and gave the stock a “buy” rating in a research note on Tuesday, March 21st.

Gamma Communications PLC Company Profile

Gamma Communications plc (Gamma) is a provider of cloud communication services. The Company has two main operating segments: Indirect and Direct. The Indirect division sells Gamma’s traditional and growth products to channel partners. The Direct sells Gamma’s traditional and growth products to end users in the small and medium-sized enterprise (SME), Enterprise and public sectors together with an associated service wrap.

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