Dunelm Group plc (DNLM) Insider Sells £138,250 in Stock

Dunelm Group plc (LON:DNLM) insider Laura Carr sold 25,000 shares of the stock in a transaction that occurred on Friday, November 30th. The stock was sold at an average price of GBX 553 ($7.23), for a total value of £138,250 ($180,648.11).

DNLM stock opened at GBX 615.50 ($8.04) on Monday. Dunelm Group plc has a twelve month low of GBX 541.50 ($7.08) and a twelve month high of GBX 760 ($9.93).

The business also recently disclosed a dividend, which will be paid on Friday, December 7th. Investors of record on Thursday, November 15th will be given a dividend of GBX 19.50 ($0.25) per share. This represents a yield of 3.42%. The ex-dividend date is Thursday, November 15th. This is a positive change from Dunelm Group’s previous dividend of $7.00.

Several brokerages have recently issued reports on DNLM. Numis Securities reissued an “add” rating and issued a GBX 675 ($8.82) target price on shares of Dunelm Group in a research report on Wednesday, October 17th. Royal Bank of Canada decreased their target price on Dunelm Group from GBX 560 ($7.32) to GBX 525 ($6.86) and set an “underperform” rating for the company in a research report on Tuesday, October 16th. JPMorgan Chase & Co. increased their target price on Dunelm Group from GBX 590 ($7.71) to GBX 600 ($7.84) and gave the stock a “neutral” rating in a research report on Friday, October 12th. UBS Group reissued a “buy” rating on shares of Dunelm Group in a research report on Thursday, October 11th. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Dunelm Group in a research report on Monday, September 24th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 582.08 ($7.61).

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About Dunelm Group

Dunelm Group plc engages in the retail of homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bed frames, mattresses, beds, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, protectors, and baby and kids beddings.

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