Conviviality PLC (CVR) Insider Diana Hunter Sells 30,000 Shares
Conviviality PLC (LON:CVR) insider Diana Hunter sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 19th. The stock was sold at an average price of GBX 337 ($4.40), for a total transaction of £101,100 ($132,018.80).
Conviviality PLC (LON CVR) traded up 2.81% during mid-day trading on Thursday, reaching GBX 347.50. 208,973 shares of the company traded hands. Conviviality PLC has a 12-month low of GBX 195.44 and a 12-month high of GBX 347.75. The company’s 50 day moving average price is GBX 318.28 and its 200 day moving average price is GBX 286.86. The firm’s market capitalization is GBX 601.22 million.
The business also recently declared a dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 7th will be issued a dividend of GBX 8.40 ($0.11) per share. This represents a yield of 2.52%. The ex-dividend date is Thursday, September 7th. This is a positive change from Conviviality PLC’s previous dividend of $4.20.
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Several research analysts have recently issued reports on the stock. Shore Capital restated a “buy” rating on shares of Conviviality PLC in a report on Thursday, May 25th. N+1 Singer raised their target price on shares of Conviviality PLC from GBX 290 ($3.79) to GBX 350 ($4.57) and gave the stock a “buy” rating in a report on Thursday, May 25th.
About Conviviality PLC
Conviviality Plc is a wholesaler and distributor of alcohol and impulse products serving consumers through its franchised retail outlets or through hospitality and food service. The Company’s activities consist of the wholesale and retail distribution of beers, wines, spirits, tobacco, grocery and confectionery within the United Kingdom to both the on-trade and off-trade market.
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