Software Circle (LON:SFT) Shares Down 4.8% – Should You Sell?

Software Circle plc (LON:SFT)’s share price dropped 4.8% during mid-day trading on Tuesday . The company traded as low as GBX 16 and last traded at GBX 16. Approximately 360,713 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 341,846 shares. The stock had previously closed at GBX 16.80.

Software Circle Stock Down 4.8%

The stock has a market cap of £62.41 million, a price-to-earnings ratio of -22.54 and a beta of 0.13. The company has a 50 day simple moving average of GBX 15.79 and a 200 day simple moving average of GBX 18.52.

Insider Activity at Software Circle

In related news, insider Simon Barrell sold 128,034 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of GBX 15, for a total value of £19,205.10. Also, insider Richard Lightfoot sold 38,624 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 15, for a total transaction of £5,793.60. Insiders own 8.18% of the company’s stock.

About Software Circle

Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland – a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.

We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities.