Steve Wadey Buys 15,000 Shares of QinetiQ Group plc (QQ) Stock
QinetiQ Group plc (LON:QQ) insider Steve Wadey bought 15,000 shares of the company’s stock in a transaction on Thursday, July 13th. The stock was bought at an average cost of GBX 262 ($3.39) per share, with a total value of £39,300 ($50,906.74).
Steve Wadey also recently made the following trade(s):
- On Monday, July 10th, Steve Wadey purchased 76 shares of QinetiQ Group plc stock. The shares were acquired at an average price of GBX 262 ($3.39) per share, with a total value of £199.12 ($257.93).
- On Friday, June 9th, Steve Wadey acquired 68 shares of QinetiQ Group plc stock. The shares were purchased at an average price of GBX 295 ($3.82) per share, with a total value of £200.60 ($259.84).
- On Tuesday, May 9th, Steve Wadey acquired 65 shares of QinetiQ Group plc stock. The shares were purchased at an average price of GBX 306 ($3.96) per share, with a total value of £198.90 ($257.64).
Shares of QinetiQ Group plc (LON QQ) traded up 0.89% during midday trading on Thursday, reaching GBX 261.60. 1,940,657 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of GBX 297.89 and a 200 day moving average price of GBX 280.29. QinetiQ Group plc has a 12 month low of GBX 216.90 and a 12 month high of GBX 322.90. The company’s market cap is GBX 1.47 billion.
The company also recently announced a dividend, which will be paid on Friday, September 1st. Investors of record on Thursday, August 3rd will be given a GBX 4 ($0.05) dividend. The ex-dividend date is Thursday, August 3rd. This represents a yield of 1.25%.
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Several research firms recently commented on QQ. J P Morgan Chase & Co decreased their price target on shares of QinetiQ Group plc from GBX 305 ($3.95) to GBX 295 ($3.82) and set a “neutral” rating on the stock in a research note on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) upped their price target on shares of QinetiQ Group plc from GBX 219 ($2.84) to GBX 255 ($3.30) and gave the company a “sell” rating in a research note on Wednesday, May 31st. Finally, Liberum Capital restated a “hold” rating and issued a GBX 270 ($3.50) price target on shares of QinetiQ Group plc in a research note on Friday, May 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 270.83 ($3.51).
About QinetiQ Group plc
QinetiQ Group plc is a science and engineering company operating in the defense, security and aerospace markets. The Company’s segments include EMEA Services and Global Products. The EMEA Services segment provides technical assurance, test and evaluation, and training services. It provides research and advice in specialist areas, such as concept of command, control, communications, computers, intelligence, surveillance and reconnaissance, weapons and energetics, cyber security and procurement advisory services.
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