Peter Wood Sells 21,334,672 Shares of Gocompare.Com Group PLC (GOCO) Stock
Gocompare.Com Group PLC (LON:GOCO) insider Peter Wood sold 21,334,672 shares of the firm’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of GBX 100 ($1.33), for a total transaction of £21,334,672 ($28,347,956.42).
Shares of Gocompare.Com Group PLC (LON:GOCO) opened at 101.00 on Friday. Gocompare.Com Group PLC has a 12-month low of GBX 56.50 and a 12-month high of GBX 117.00. The company’s market capitalization is GBX 422.48 million. The company has a 50 day moving average of GBX 104.85 and a 200-day moving average of GBX 101.36.
The company also recently declared a dividend, which was paid on Friday, October 6th. Investors of record on Thursday, September 14th were given a GBX 0.70 ($0.01) dividend. The ex-dividend date was Thursday, September 14th. This represents a dividend yield of 0.63%.
Several research firms recently issued reports on GOCO. Peel Hunt lifted their price target on shares of Gocompare.Com Group PLC from GBX 110 ($1.46) to GBX 120 ($1.59) and gave the stock a “buy” rating in a research note on Tuesday, July 11th. Canaccord Genuity raised their price objective on shares of Gocompare.Com Group PLC from GBX 92 ($1.22) to GBX 106 ($1.41) and gave the stock a “hold” rating in a report on Tuesday, July 11th. Investec reaffirmed a “sell” rating and issued a GBX 99 ($1.32) price target on shares of Gocompare.Com Group PLC in a report on Tuesday, August 1st. Finally, Berenberg Bank initiated coverage on shares of Gocompare.Com Group PLC in a report on Wednesday, September 13th. They issued a “buy” rating and a GBX 130 ($1.73) price target for the company.
About Gocompare.Com Group PLC
Gocompare.com Group plc is a holding company. The Company’s principal activity is providing an insurance price and product comparison Website. Its segments include Insurance and Strategic Initiatives. It operates a United Kingdom-based price and product comparison Website, Gocompare.com. Gocompare.com offers an online service that enables consumers to compare the prices and features of products.
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