Sse Plc (LON:SSE) Insider Acquires £159.72 in Stock
Sse Plc (LON:SSE) insider Gregor Alexander bought 11 shares of the business’s stock in a transaction on Thursday, July 6th. The shares were purchased at an average cost of GBX 1,452 ($18.96) per share, for a total transaction of £159.72 ($208.57).
Gregor Alexander also recently made the following trade(s):
- On Monday, June 26th, Gregor Alexander sold 15,418 shares of Sse Plc stock. The stock was sold at an average price of GBX 1,501 ($19.60), for a total transaction of £231,424.18 ($302,199.24).
- On Tuesday, June 6th, Gregor Alexander acquired 10 shares of Sse Plc stock. The stock was acquired at an average price of GBX 1,492 ($19.48) per share, with a total value of £149.20 ($194.83).
- On Friday, May 5th, Gregor Alexander acquired 10 shares of Sse Plc stock. The stock was acquired at an average price of GBX 1,403 ($18.32) per share, with a total value of £140.30 ($183.21).
Sse Plc (SSE) traded down 0.27% during mid-day trading on Friday, hitting GBX 1473.00. 2,339,559 shares of the stock traded hands. The company has a 50 day moving average price of GBX 1,479.38 and a 200-day moving average price of GBX 1,493.73. Sse Plc has a one year low of GBX 1,378.00 and a one year high of GBX 1,644.00. The stock’s market capitalization is GBX 14.92 billion.
The company also recently announced a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, July 27th will be paid a GBX 63.90 ($0.83) dividend. This represents a dividend yield of 4.4%. This is an increase from Sse Plc’s previous dividend of $27.40. The ex-dividend date is Thursday, July 27th.
A number of equities research analysts have issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 1,650 ($21.55) price target on shares of Sse Plc in a report on Monday, June 5th. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 1,300 ($16.98) target price on shares of Sse Plc in a research note on Monday, July 3rd. BNP Paribas reiterated an “outperform” rating and issued a GBX 1,700 ($22.20) target price on shares of Sse Plc in a research note on Friday. Goldman Sachs Group, Inc. (The) reduced their target price on shares of Sse Plc from GBX 1,528 ($19.95) to GBX 1,522 ($19.87) and set a “neutral” rating for the company in a research note on Thursday, May 18th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 1,540 ($20.11) target price on shares of Sse Plc in a research note on Tuesday, May 16th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 1,547.31 ($20.21).
About Sse Plc
SSE plc is engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. The Company’s segments include Networks, which consists of electricity distribution, electricity transmission and gas distribution; Retail, which consists of energy supply, enterprise and energy-related services, and Wholesale, which consists of energy portfolio management and electricity generation, gas storage and gas production.
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