Insider Selling: Rightmove Plc (RMV) Insider Sells 30,907 Shares of Stock
Rightmove Plc (LON:RMV) insider Peter Brooks-Johnson sold 30,907 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of GBX 4,103 ($54.42), for a total value of £1,268,114.21 ($1,682,072.17).
Rightmove Plc (RMV) traded down 0.39% during mid-day trading on Wednesday, reaching GBX 4085.00. 204,697 shares of the company’s stock were exchanged. Rightmove Plc has a 52 week low of GBX 3,604.00 and a 52 week high of GBX 4,374.00. The company’s market capitalization is GBX 3.78 billion. The company’s 50 day moving average price is GBX 4,074.83 and its 200-day moving average price is GBX 4,153.11.
The business also recently declared a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, October 5th will be given a dividend of GBX 22 ($0.29) per share. This represents a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, October 5th.
COPYRIGHT VIOLATION NOTICE: “Insider Selling: Rightmove Plc (RMV) Insider Sells 30,907 Shares of Stock” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/10/04/insider-selling-rightmove-plc-rmv-insider-sells-30907-shares-of-stock.html.
Several analysts recently weighed in on the stock. Liberum Capital reaffirmed a “buy” rating and issued a GBX 5,000 ($66.32) target price on shares of Rightmove Plc in a report on Tuesday, June 6th. Peel Hunt reiterated a “hold” rating and set a GBX 4,000 ($53.06) price target on shares of Rightmove Plc in a report on Friday, July 28th. Jefferies Group LLC reiterated a “hold” rating and set a GBX 4,000 ($53.06) price target on shares of Rightmove Plc in a report on Monday, June 26th. Deutsche Bank AG increased their price objective on shares of Rightmove Plc from GBX 3,880 ($51.47) to GBX 4,000 ($53.06) and gave the company a “hold” rating in a research report on Monday, July 31st. Finally, Shore Capital reissued a “hold” rating on shares of Rightmove Plc in a research report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 4,226.44 ($56.06).
About Rightmove Plc
Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other.
Receive News & Ratings for Rightmove Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rightmove Plc and related companies with MarketBeat.com's FREE daily email newsletter.