Ultra Electronics Holdings plc (LON:ULE) insider Rakesh Sharma acquired 554 shares of Ultra Electronics Holdings plc stock in a transaction on Tuesday, September 12th. The stock was purchased at an average cost of GBX 1,793 ($23.16) per share, for a total transaction of £9,933.22 ($12,828.65).

Rakesh Sharma also recently made the following trade(s):

  • On Tuesday, September 5th, Rakesh Sharma acquired 543 shares of Ultra Electronics Holdings plc stock. The stock was purchased at an average cost of GBX 1,829 ($23.62) per share, for a total transaction of £9,931.47 ($12,826.39).
  • On Monday, July 3rd, Rakesh Sharma acquired 8 shares of Ultra Electronics Holdings plc stock. The stock was purchased at an average cost of GBX 2,037 ($26.31) per share, for a total transaction of £162.96 ($210.46).

Ultra Electronics Holdings plc (LON ULE) traded up 2.13% during mid-day trading on Thursday, reaching GBX 1776.00. The company’s stock had a trading volume of 84,527 shares. Ultra Electronics Holdings plc has a 12-month low of GBX 1,725.00 and a 12-month high of GBX 2,245.00. The company’s market cap is GBX 1.25 billion. The firm’s 50 day moving average is GBX 1,909.72 and its 200-day moving average is GBX 2,038.73.

The company also recently announced a dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, August 31st will be given a GBX 14.60 ($0.19) dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a dividend yield of 0.77%.

WARNING: “Insider Buying: Ultra Electronics Holdings plc (ULE) Insider Acquires 554 Shares of Stock” was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/09/14/insider-buying-ultra-electronics-holdings-plc-ule-insider-acquires-554-shares-of-stock.html.

A number of analysts have issued reports on ULE shares. Liberum Capital reaffirmed a “buy” rating and issued a GBX 2,300 ($29.70) price objective on shares of Ultra Electronics Holdings plc in a research note on Friday, July 7th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 2,350 ($30.35) price objective on shares of Ultra Electronics Holdings plc in a research note on Tuesday, June 27th. Deutsche Bank AG lifted their price objective on Ultra Electronics Holdings plc from GBX 2,040 ($26.35) to GBX 2,080 ($26.86) and gave the stock a “hold” rating in a research note on Thursday, August 31st. Investec reaffirmed a “buy” rating and issued a GBX 2,300 ($29.70) price objective on shares of Ultra Electronics Holdings plc in a research note on Thursday, June 22nd. Finally, Barclays PLC reduced their price objective on Ultra Electronics Holdings plc from GBX 2,085 ($26.93) to GBX 2,045 ($26.41) and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 2,201 ($28.43).

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.

Insider Buying and Selling by Quarter for Ultra Electronics Holdings plc (LON:ULE)

Receive News & Ratings for Ultra Electronics Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Electronics Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.