Insider Buying: Spirax-Sarco Engineering plc (SPX) Insider Purchases 33 Shares of Stock
Spirax-Sarco Engineering plc (LON:SPX) insider Nicholas John Anderson purchased 33 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The shares were purchased at an average cost of GBX 4,477 ($59.49) per share, with a total value of £1,477.41 ($1,963.07).
Spirax-Sarco Engineering plc (LON:SPX) traded down 1.64% on Monday, reaching GBX 5700.00. 122,616 shares of the company traded hands. The company has a 50-day moving average price of GBX 5,620.00 and a 200-day moving average price of GBX 5,448.37. Spirax-Sarco Engineering plc has a 12 month low of GBX 4,076.00 and a 12 month high of GBX 5,875.00. The company’s market capitalization is GBX 4.19 billion.
The company also recently disclosed a dividend, which will be paid on Friday, November 10th. Investors of record on Thursday, October 12th will be given a GBX 25.50 ($0.34) dividend. The ex-dividend date is Thursday, October 12th. This represents a yield of 0.44%.
Several research firms recently issued reports on SPX. Investec reissued a “not rated” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Numis Securities Ltd reissued an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Thursday, August 10th. Liberum Capital reissued a “hold” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Peel Hunt reissued an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday, August 9th. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Spirax-Sarco Engineering plc in a report on Thursday. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold”.
About Spirax-Sarco Engineering plc
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.
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