Novae Group Plc (LON:NVA) insider Matthew K. Fosh acquired 13,008 shares of the stock in a transaction that occurred on Wednesday, March 15th. The shares were bought at an average price of GBX 626 ($7.73) per share, with a total value of £81,430.08 ($100,568.21).

Novae Group Plc (LON:NVA) opened at 630.50 on Tuesday. The firm’s market cap is GBX 395.95 million. The firm’s 50-day moving average price is GBX 640.00 and its 200-day moving average price is GBX 725.88. Novae Group Plc has a 12 month low of GBX 562.10 and a 12 month high of GBX 900.00.

Insider Buying and Selling by Quarter for Novae Group Plc (LON:NVA)

The firm also recently announced a dividend, which will be paid on Friday, May 19th. Investors of record on Thursday, April 20th will be paid a dividend of GBX 7.50 ($0.09) per share. The ex-dividend date of this dividend is Thursday, April 20th. This represents a yield of 1.21%.

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A number of brokerages recently commented on NVA. Stockdale Securities upgraded Novae Group Plc to an “add” rating and lowered their price objective for the stock from GBX 780 ($9.63) to GBX 760 ($9.39) in a research note on Tuesday, January 17th. Peel Hunt restated an “add” rating and set a GBX 710 ($8.77) price objective on shares of Novae Group Plc in a research note on Thursday, March 9th. Shore Capital restated a “buy” rating on shares of Novae Group Plc in a research note on Thursday, March 9th. Numis Securities Ltd lowered their price objective on Novae Group Plc from GBX 970 ($11.98) to GBX 835 ($10.31) and set a “buy” rating for the company in a research note on Tuesday, December 20th. Finally, Macquarie restated an “outperform” rating and set a GBX 736 ($9.09) price objective on shares of Novae Group Plc in a research note on Friday, December 16th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Novae Group Plc presently has a consensus rating of “Buy” and an average price target of GBX 786.80 ($9.72).

Novae Group Plc Company Profile

Novae Group plc is a United Kingdom-based holding company. The Company is engaged in a diversified property and casualty (re)insurance business. The Company operates in three segments: Property; Casualty, and Marine, Aviation & Political Risk (MAP). The Property segment comprises approximately 10 underwriting units.

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