Insider Selling: Euromoney Institutional Investor PLC (ERM) Director Sells 2,900 Shares of Stock

Euromoney Institutional Investor PLC (LON:ERM) Director Christopher Hoffmann sold 2,900 shares of Euromoney Institutional Investor stock in a transaction dated Friday, February 9th. The shares were sold at an average price of GBX 10.15 ($0.14), for a total value of £294.35 ($406.67).

Christopher Hoffmann also recently made the following trade(s):

  • On Tuesday, January 23rd, Christopher Hoffmann sold 2,100 shares of Euromoney Institutional Investor stock. The shares were sold at an average price of GBX 10.15 ($0.14), for a total value of £213.15 ($294.49).
  • On Thursday, January 25th, Christopher Hoffmann sold 2,200 shares of Euromoney Institutional Investor stock. The shares were sold at an average price of GBX 10.15 ($0.14), for a total value of £223.30 ($308.51).

Euromoney Institutional Investor PLC (ERM) traded down GBX 2 ($0.03) during trading hours on Monday, hitting GBX 1,150 ($15.89). 42,698 shares of the company were exchanged, compared to its average volume of 44,126. The company has a market cap of $1,250.00 and a PE ratio of 3,484.85. Euromoney Institutional Investor PLC has a 52 week low of GBX 995 ($13.75) and a 52 week high of GBX 1,310 ($18.10).

The business also recently declared a dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, November 30th will be issued a GBX 21.80 ($0.30) dividend. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Euromoney Institutional Investor’s previous dividend of $8.80.

A number of equities analysts have issued reports on ERM shares. Peel Hunt reiterated a “buy” rating and set a GBX 1,330 ($18.38) price target on shares of Euromoney Institutional Investor in a research note on Monday, October 30th. Numis Securities restated a “buy” rating and issued a GBX 1,450 ($20.03) target price on shares of Euromoney Institutional Investor in a research note on Monday, October 23rd. Canaccord Genuity cut their target price on Euromoney Institutional Investor from GBX 1,250 ($17.27) to GBX 1,200 ($16.58) and set a “hold” rating on the stock in a research note on Thursday, November 23rd. Finally, Citigroup restated a “neutral” rating on shares of Euromoney Institutional Investor in a research note on Tuesday, November 21st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 1,297 ($17.92).

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Euromoney Institutional Investor Company Profile

Euromoney Institutional Investor PLC is an investment holding company. The Company is a business-to-business media company, which is focused on the asset management, banking and commodities sectors. Its segments include Asset management; Pricing, data and market intelligence; Banking and finance, and Commodity events.

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