Insider Buying: Alumasc Group plc (ALU) Insider Purchases 13,954 Shares of Stock
Alumasc Group plc (LON:ALU) insider Andrew Magson purchased 13,954 shares of Alumasc Group plc stock in a transaction dated Friday, September 8th. The stock was bought at an average cost of GBX 169 ($2.18) per share, with a total value of £23,582.26 ($30,456.23).
Andrew Magson also recently made the following trade(s):
- On Thursday, September 7th, Andrew Magson purchased 11,751 shares of Alumasc Group plc stock. The stock was bought at an average cost of GBX 169 ($2.18) per share, with a total value of £19,859.19 ($25,647.93).
Alumasc Group plc (ALU) opened at 168.00 on Thursday. The firm’s market capitalization is GBX 60.06 million. The company’s 50-day moving average price is GBX 168.69 and its 200 day moving average price is GBX 179.91. Alumasc Group plc has a 12 month low of GBX 136.44 and a 12 month high of GBX 205.00.
The business also recently announced a dividend, which will be paid on Tuesday, October 31st. Investors of record on Thursday, October 5th will be issued a GBX 4.30 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This is a positive change from Alumasc Group plc’s previous dividend of $2.85. This represents a yield of 2.51%.
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Several research analysts have recently commented on ALU shares. Peel Hunt boosted their price target on Alumasc Group plc from GBX 210 ($2.71) to GBX 230 ($2.97) and gave the stock a “buy” rating in a research report on Monday, June 19th. FinnCap reissued a “buy” rating and issued a GBX 225 ($2.91) price target on shares of Alumasc Group plc in a research report on Tuesday, June 27th.
Alumasc Group plc Company Profile
The Alumasc Group plc is a building products, systems and solutions company. The Company’s segments include, Solar Shading & Screening, Roofing & Walling, Water Management, and Housebuilding & Ancillary Products. The Solar Shading & Screening segment offers Levolux’s architectural solutions, which are used to shade and screen buildings.
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