Pinewood Technologies Group (LON:PINE) Reaches New 1-Year High at $40.15

Pinewood Technologies Group PLC (LON:PINE)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 40.15 ($0.50) and last traded at GBX 40.05 ($0.50), with a volume of 1639625 shares. The stock had previously closed at GBX 38.88 ($0.48).

Pinewood Technologies Group Stock Performance

Pinewood Technologies Group Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 23rd will be issued a dividend of GBX 24.50 ($0.30) per share. This represents a yield of 62.82%. The ex-dividend date is Tuesday, April 23rd.

Insider Buying and Selling at Pinewood Technologies Group

In other Pinewood Technologies Group news, insider William Berman sold 1,462,114 shares of the company’s stock in a transaction dated Monday, February 19th. The shares were sold at an average price of GBX 35 ($0.44), for a total transaction of £511,739.90 ($637,047.06). Insiders own 24.98% of the company’s stock.

About Pinewood Technologies Group

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.