Insider Selling: CLS Holdings plc (CLI) Insider Sells 750,000 Shares of Stock
CLS Holdings plc (LON:CLI) insider H O. Thomas Lundqvist sold 750,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 202 ($2.72), for a total transaction of £1,515,000 ($2,042,604.83).
CLS Holdings plc (LON:CLI) opened at 198.60 on Friday. The company’s market cap is GBX 809.09 million. The company’s 50-day moving average is GBX 211.53 and its 200 day moving average is GBX 198.49. CLS Holdings plc has a 12 month low of GBX 150.90 and a 12 month high of GBX 222.20.
The company also recently declared a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 24th will be given a dividend of GBX 2.05 ($0.03) per share. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 24th.
Several analysts recently commented on CLI shares. Liberum Capital restated a “buy” rating on shares of CLS Holdings plc in a report on Wednesday, June 14th. Peel Hunt restated a “buy” rating on shares of CLS Holdings plc in a report on Friday, July 14th.
CLS Holdings plc Company Profile
CLS Holdings plc is a United Kingdom-based investment property company. The Company is principally involved in the investment, management and development of commercial properties, and in other investments. The Company’s business activity is the investment in commercial real estate across four European regions, such as London, the rest of the United Kingdom, Germany and France with a focus on providing offices in key European cities.
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