Euromoney Institutional Investor PLC (ERM) Insider Patrick John Rushton Sergeant Sells 3,828 Shares

Euromoney Institutional Investor PLC (LON:ERM) insider Patrick John Rushton Sergeant sold 3,828 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of GBX 1,146 ($15.83), for a total transaction of £43,868.88 ($60,609.12).

Euromoney Institutional Investor PLC (LON:ERM) traded up GBX 14 ($0.19) during mid-day trading on Wednesday, reaching GBX 1,158 ($16.00). 3,700 shares of the company’s stock were exchanged, compared to its average volume of 45,549. The firm has a market cap of $1,250.00 and a P/E ratio of 3,509.09. Euromoney Institutional Investor PLC has a 12 month low of GBX 995 ($13.75) and a 12 month high of GBX 1,310 ($18.10).

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

A number of analysts have commented on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 1,330 ($18.38) price objective on shares of Euromoney Institutional Investor in a report on Thursday, December 21st. Numis Securities reiterated a “buy” rating and issued a GBX 1,450 ($20.03) price objective on shares of Euromoney Institutional Investor in a report on Thursday, February 1st. Canaccord Genuity cut their price objective on shares of Euromoney Institutional Investor from GBX 1,250 ($17.27) to GBX 1,200 ($16.58) and set a “hold” rating for the company in a report on Thursday, November 23rd. Finally, Citigroup reiterated a “neutral” rating on shares of Euromoney Institutional Investor in a report on Tuesday, November 21st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price 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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