Ultra Electronics Holdings plc (ULE) Insider Acquires £14,894.70 in Stock
Ultra Electronics Holdings plc (LON:ULE) insider Ami Sharma acquired 786 shares of Ultra Electronics Holdings plc stock in a transaction that occurred on Wednesday, August 16th. The shares were purchased at an average price of GBX 1,895 ($24.60) per share, for a total transaction of £14,894.70 ($19,336.23).
Ami Sharma also recently made the following trade(s):
- On Thursday, June 1st, Ami Sharma acquired 7 shares of Ultra Electronics Holdings plc stock. The shares were purchased at an average price of GBX 2,130 ($27.65) per share, for a total transaction of £149.10 ($193.56).
Shares of Ultra Electronics Holdings plc (LON:ULE) traded down 0.05% on Thursday, reaching GBX 1897.00. The company’s stock had a trading volume of 109,961 shares. The firm’s market cap is GBX 1.34 billion. The stock has a 50 day moving average of GBX 2,030.88 and a 200-day moving average of GBX 2,049.57. Ultra Electronics Holdings plc has a 12 month low of GBX 1,649.00 and a 12 month high of GBX 2,245.00.
The business also recently disclosed a dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, August 31st will be paid a dividend of GBX 14.60 ($0.19) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 0.77%.
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A number of brokerages recently weighed in on ULE. Deutsche Bank AG reduced their price objective on Ultra Electronics Holdings plc from GBX 2,050 ($26.61) to GBX 2,040 ($26.48) and set a “hold” rating on the stock in a research report on Tuesday, August 8th. Liberum Capital restated a “buy” rating and set a GBX 2,300 ($29.86) price objective on shares of Ultra Electronics Holdings plc in a research report on Friday, April 28th. J P Morgan Chase & Co boosted their price objective on Ultra Electronics Holdings plc from GBX 2,350 ($30.51) to GBX 2,400 ($31.16) and gave the stock an “overweight” rating in a research report on Wednesday, July 5th. Barclays PLC reduced their price objective on Ultra Electronics Holdings plc from GBX 2,085 ($27.07) to GBX 2,045 ($26.55) and set an “equal weight” rating on the stock in a research report on Thursday. Finally, Investec reaffirmed a “buy” rating and set a GBX 2,300 ($29.86) target price on shares of Ultra Electronics Holdings plc in a report on Thursday, June 22nd. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Ultra Electronics Holdings plc currently has a consensus rating of “Buy” and an average price target of GBX 2,196 ($28.51).
Ultra Electronics Holdings plc Company Profile
Ultra Electronics Holdings plc provides solutions and products in the defense and aerospace, security and cyber, transport and energy markets, by applying electronic and software technologies. The Company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.
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