Sky Plc (LON:SKY) insider Jeremy Darroch sold 1,200,000 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of GBX 967 ($12.60), for a total transaction of £11,604,000 ($15,117,248.57).

Sky Plc (LON:SKY) traded down 0.52% during trading on Friday, hitting GBX 963.00. 1,816,162 shares of the company’s stock traded hands. The firm’s 50-day moving average price is GBX 975.75 and its 200 day moving average price is GBX 987.70. The stock’s market cap is GBX 16.46 billion. Sky Plc has a 12-month low of GBX 747.50 and a 12-month high of GBX 1,050.00.

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A number of brokerages have recently issued reports on SKY. Liberum Capital restated a “hold” rating and set a GBX 1,060 ($13.81) price target on shares of Sky Plc in a report on Thursday. Shore Capital restated a “hold” rating on shares of Sky Plc in a report on Thursday. Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,075 ($14.00) price target on shares of Sky Plc in a report on Monday, July 10th. Citigroup Inc. restated a “buy” rating and set a GBX 1,350 ($17.59) price target on shares of Sky Plc in a report on Thursday, June 29th. Finally, HSBC Holdings plc restated a “hold” rating and set a GBX 1,075 ($14.00) price target on shares of Sky Plc in a report on Monday, June 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company. Sky Plc currently has a consensus rating of “Hold” and a consensus target price of GBX 1,113.29 ($14.50).

Sky Plc Company Profile

Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.

Insider Buying and Selling by Quarter for Sky Plc (LON:SKY)

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