Robert Walters PLC (RWA) Insider Sells £3,770,000 in Stock
Robert Walters PLC (LON:RWA) insider Giles P. Daubeney sold 650,000 shares of the company’s stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of GBX 580 ($7.63), for a total value of £3,770,000 ($4,956,613.20).
Robert Walters PLC (RWA) remained flat at GBX 590.00 during mid-day trading on Thursday. The stock had a trading volume of 5,145 shares. The firm’s market cap is GBX 401.84 million. Robert Walters PLC has a 12-month low of GBX 316.00 and a 12-month high of GBX 605.00. The stock has a 50 day moving average of GBX 532.10 and a 200-day moving average of GBX 468.39.
The business also recently disclosed a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, August 31st will be issued a GBX 2.75 ($0.04) dividend. The ex-dividend date is Thursday, August 31st. This represents a dividend yield of 0.61%.
A number of brokerages have commented on RWA. Numis Securities Ltd cut Robert Walters PLC to an “add” rating and upped their price target for the stock from GBX 560 ($7.36) to GBX 700 ($9.20) in a research report on Wednesday. Liberum Capital upped their price target on Robert Walters PLC from GBX 560 ($7.36) to GBX 595 ($7.82) and gave the stock a “buy” rating in a research report on Tuesday. Credit Suisse Group upped their price target on Robert Walters PLC from GBX 480 ($6.31) to GBX 500 ($6.57) and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Finally, Investec restated a “buy” rating and issued a GBX 530 ($6.97) price target on shares of Robert Walters PLC in a research report on Wednesday, July 26th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 549 ($7.22).
About Robert Walters PLC
Robert Walters plc is a United Kingdom-based professional recruitment consultancy. The Company offers specialist professional recruitment and recruitment process outsourcing services. The Company’s segments are Asia Pacific, UK, Europe and Other International. Other International consists of the United States, South Africa, the Middle East and Brazil.
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