Insider Selling: GYM Group PLC (GYM) Insider Sells £1,050,000 in Stock
GYM Group PLC (LON:GYM) insider Paul Gilbert sold 500,000 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of GBX 210 ($2.76), for a total transaction of £1,050,000 ($1,380,489.09).
Shares of GYM Group PLC (LON:GYM) opened at 214.00 on Monday. GYM Group PLC has a 52 week low of GBX 155.00 and a 52 week high of GBX 228.75. The firm’s market capitalization is GBX 274.14 million. The stock has a 50 day moving average of GBX 211.11 and a 200-day moving average of GBX 196.14.
The firm also recently declared a dividend, which was paid on Friday, September 29th. Shareholders of record on Thursday, September 7th were issued a dividend of GBX 0.30 ($0.00) per share. This represents a yield of 0.14%. The ex-dividend date was Thursday, September 7th.
ILLEGAL ACTIVITY NOTICE: “Insider Selling: GYM Group PLC (GYM) Insider Sells £1,050,000 in Stock” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/10/16/insider-selling-gym-group-plc-gym-insider-sells-1050000-in-stock.html.
A number of analysts have recently weighed in on the stock. Peel Hunt restated a “buy” rating and issued a GBX 250 ($3.29) price objective on shares of GYM Group PLC in a research note on Friday, August 25th. Numis Securities Ltd restated a “buy” rating and issued a GBX 263 ($3.46) price objective on shares of GYM Group PLC in a research note on Friday, September 15th. Barclays PLC boosted their price objective on shares of GYM Group PLC from GBX 230 ($3.02) to GBX 250 ($3.29) and gave the stock an “overweight” rating in a research note on Tuesday, September 19th. Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.94) price objective on shares of GYM Group PLC in a research note on Friday, August 25th. Finally, N+1 Singer restated a “sell” rating on shares of GYM Group PLC in a research note on Friday, September 15th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. GYM Group PLC has a consensus rating of “Buy” and a consensus target price of GBX 268.25 ($3.53).
About GYM Group PLC
Receive News & Stock Ratings for GYM Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GYM Group PLC and related stocks with our FREE daily email newsletter.