Vitec Group plc (VTC) Insider Kath Kearney-Croft Acquires 2,700 Shares
Vitec Group plc (LON:VTC) insider Kath Kearney-Croft acquired 2,700 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The shares were bought at an average price of GBX 1,103 ($14.63) per share, for a total transaction of £29,781 ($39,502.59).
Vitec Group plc (LON VTC) traded down 0.99% during mid-day trading on Wednesday, reaching GBX 1095.00. 4,470 shares of the company were exchanged. The stock’s market capitalization is GBX 489.91 million. Vitec Group plc has a one year low of GBX 595.25 and a one year high of GBX 1,115.00. The stock has a 50 day moving average of GBX 993.61 and a 200-day moving average of GBX 951.30.
The firm also recently disclosed a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 21st will be paid a GBX 10.40 ($0.14) dividend. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, September 21st.
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Several research analysts have commented on the company. Berenberg Bank restated a “buy” rating and issued a GBX 1,150 ($15.25) target price on shares of Vitec Group plc in a research note on Monday, August 14th. Peel Hunt lifted their target price on Vitec Group plc from GBX 1,185 ($15.72) to GBX 1,300 ($17.24) and gave the company a “buy” rating in a report on Friday, September 29th. Five equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of GBX 1,106.25 ($14.67).
About Vitec Group plc
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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