Insider Selling: Focusrite PLC (TUNE) Insider Sells 4,423 Shares of Stock
Focusrite PLC (LON:TUNE) insider Timothy Paul Carrol sold 4,423 shares of Focusrite PLC stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of GBX 307 ($4.04), for a total value of £13,578.61 ($17,859.54).
Focusrite PLC (LON:TUNE) traded up GBX 5 ($0.07) on Wednesday, reaching GBX 317.50 ($4.18). 30,334 shares of the company’s stock were exchanged, compared to its average volume of 79,869. Focusrite PLC has a twelve month low of GBX 164 ($2.16) and a twelve month high of GBX 336.50 ($4.43).
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Separately, Panmure Gordon raised their target price on shares of Focusrite PLC from GBX 345 ($4.54) to GBX 365 ($4.80) and gave the stock a “buy” rating in a research note on Tuesday.
Focusrite Plc is a music and audio products company supplying hardware and software products used by professional and amateur musicians. The Company is engaged in the development, manufacture and marketing of professional audio and electronic music products. It operates through three segments: Focusrite, Novation and Distribution.
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