Insider Selling: Blancco Technology Group PLC (BLTG) Insider Sells 209,728 Shares of Stock
Blancco Technology Group PLC (LON:BLTG) insider Matthew Peacock sold 209,728 shares of the company’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 225 ($2.94), for a total value of £471,888 ($615,961.36).
Shares of Blancco Technology Group PLC (LON:BLTG) traded up 3.79% during mid-day trading on Tuesday, hitting GBX 232.50. 783,685 shares of the company’s stock traded hands. The company’s market cap is GBX 154.60 million. Blancco Technology Group PLC has a 52 week low of GBX 162.07 and a 52 week high of GBX 335.00. The firm has a 50-day moving average of GBX 225.61 and a 200 day moving average of GBX 217.78.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Investors of record on Thursday, November 3rd will be paid a GBX 1.34 ($0.02) dividend. This represents a yield of 0.57%. This is a boost from Blancco Technology Group PLC’s previous dividend of $0.66. The ex-dividend date is Thursday, November 3rd.
Several research analysts have issued reports on BLTG shares. Panmure Gordon reaffirmed a “buy” rating and set a GBX 326 ($4.26) price objective on shares of Blancco Technology Group PLC in a report on Wednesday, July 13th. Peel Hunt reiterated a “buy” rating on shares of Blancco Technology Group PLC in a research report on Wednesday, July 13th.
About Blancco Technology Group PLC
Blancco Technology Group plc, formerly Regenersis Plc, is engaged in global software business, comprising Blancco, SafeIT, Xcaliber and Tabernus, focused on managing the considerable opportunities in data erasure. The Company provides mobile device diagnostics and data erasure solutions. Its clientele consists of equipment manufacturers, mobile network operators, retailers, financial institutions, insurers, repair service providers, healthcare providers and government organizations across the world.
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