Insider Selling: Galliford Try plc (GFRD) Insider Sells 1,990 Shares of Stock
Galliford Try plc (LON:GFRD) insider Kevin Corbett sold 1,990 shares of the company’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 1,326 ($17.31), for a total value of £26,387.40 ($34,443.81).
Galliford Try plc (LON:GFRD) traded up 1.56% during mid-day trading on Tuesday, hitting GBX 1366.00. 512,081 shares of the company were exchanged. The company’s 50-day moving average is GBX 1,187.03 and its 200 day moving average is GBX 1,194.75. The company’s market capitalization is GBX 1.13 billion. Galliford Try plc has a 12-month low of GBX 739.86 and a 12-month high of GBX 1,619.00.
The business also recently announced a dividend, which will be paid on Wednesday, November 23rd. Shareholders of record on Thursday, October 27th will be given a GBX 56 ($0.73) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 4.61%. This is a positive change from Galliford Try plc’s previous dividend of $26.00.
Several research analysts have issued reports on GFRD shares. HSBC reaffirmed a “buy” rating and set a GBX 1,800 ($23.50) price objective on shares of Galliford Try plc in a report on Monday, June 27th. Jefferies Group reiterated a “buy” rating and set a GBX 1,380 ($18.01) target price on shares of Galliford Try plc in a research report on Monday, June 27th. Barclays PLC cut shares of Galliford Try plc to an “underweight” rating and dropped their target price for the company from GBX 1,526.80 ($19.93) to GBX 830.20 ($10.84) in a research report on Thursday, July 7th. Peel Hunt reiterated a “buy” rating and set a GBX 1,980 ($25.85) target price on shares of Galliford Try plc in a research report on Tuesday, July 12th. Finally, Beaufort Securities upgraded shares of Galliford Try plc to a “buy” rating in a research report on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Galliford Try plc has an average rating of “Hold” and a consensus price target of GBX 1,415.90 ($18.48).
Galliford Try plc Company Profile
Galliford Try plc is a United Kingdom-based housebuilding and construction company. The Company’s housebuilding division includes Linden Homes and Galliford Try Partnerships. The Company’s segments include Linden Homes and Galliford Try Partnerships; Construction, including Building and Infrastructure, and public private partnership (PPP) Investments.
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