Insider Selling: Sophos Group PLC (LON:SOPH) Insider Sells 23,105 Shares of Stock
Sophos Group PLC (LON:SOPH) insider Nick Bray sold 23,105 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of GBX 479 ($6.24), for a total value of £110,672.95 ($144,124.17).
Nick Bray also recently made the following trade(s):
- On Wednesday, June 14th, Nick Bray sold 17,537 shares of Sophos Group PLC stock. The stock was sold at an average price of GBX 443 ($5.77), for a total value of £77,688.91 ($101,170.61).
Shares of Sophos Group PLC (LON:SOPH) opened at 485.70 on Tuesday. Sophos Group PLC has a 12-month low of GBX 203.90 and a 12-month high of GBX 486.20. The company has a 50 day moving average price of GBX 458.20 and a 200-day moving average price of GBX 359.33. The firm’s market cap is GBX 2.23 billion.
The company also recently announced a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 14th will be issued a dividend of $0.03 per share. This is a boost from Sophos Group PLC’s previous dividend of $0.01. The ex-dividend date is Thursday, September 14th. This represents a yield of 0.64%.
TRADEMARK VIOLATION NOTICE: This article was first posted by American Banking News and is the property of of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://www.americanbankingnews.com/2017/08/08/insider-selling-sophos-group-plc-lonsoph-insider-sells-23105-shares-of-stock.html.
A number of equities research analysts recently weighed in on SOPH shares. Morgan Stanley restated an “overweight” rating on shares of Sophos Group PLC in a report on Monday, June 26th. Shore Capital upgraded Sophos Group PLC to a “hold” rating in a report on Tuesday, May 30th. J P Morgan Chase & Co upped their price target on Sophos Group PLC from GBX 360 ($4.69) to GBX 430 ($5.60) and gave the stock an “overweight” rating in a report on Thursday, May 18th. Deutsche Bank AG upped their price target on Sophos Group PLC from GBX 290 ($3.78) to GBX 350 ($4.56) and gave the stock a “buy” rating in a report on Monday, May 15th. Finally, Numis Securities Ltd restated an “add” rating on shares of Sophos Group PLC in a report on Thursday, June 1st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Sophos Group PLC has a consensus rating of “Buy” and an average price target of GBX 381 ($4.96).
About Sophos Group PLC
Sophos Group plc operates as an investment company for the Sophos Group. It is a provider of cloud-enabled end-user and network security solutions. Its geographic segments include Europe, Middle East and Africa (EMEA), the Americas, and Asia Pacific and Japan (APJ). Its products under enduser security include Sophos Mobile Control 6, which is developed to include Sophos Secure Email, a personal information management container solution for e-mail, calendar and contacts, and Sophos Server Protection Advanced, which integrates server application to deliver single-click server lockdown, using Sophos Central management.
Receive News & Ratings for Sophos Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sophos Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.