Impax Asset Management Group Plc (LON:IPX) insider Charlie Ridge sold 28,333 shares of the company’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of GBX 350 ($4.60), for a total transaction of £99,165.50 ($130,446.59).

Charlie Ridge also recently made the following trade(s):

  • On Wednesday, December 18th, Charlie Ridge sold 5,000 shares of Impax Asset Management Group stock. The shares were sold at an average price of GBX 348 ($4.58), for a total transaction of £17,400 ($22,888.71).

Shares of IPX traded up GBX 2.50 ($0.03) on Friday, reaching GBX 370.50 ($4.87). 39,957 shares of the company’s stock traded hands, compared to its average volume of 93,587. The company has a current ratio of 2.06, a quick ratio of 1.52 and a debt-to-equity ratio of 11.92. The stock has a market cap of $483.19 million and a PE ratio of 30.62. The stock’s 50 day simple moving average is GBX 339.43 and its two-hundred day simple moving average is GBX 275.68. Impax Asset Management Group Plc has a 52-week low of GBX 178.50 ($2.35) and a 52-week high of GBX 406 ($5.34).

The firm also recently declared a dividend, which will be paid on Friday, March 27th. Investors of record on Thursday, February 20th will be issued a dividend of GBX 4 ($0.05) per share. This is a positive change from Impax Asset Management Group’s previous dividend of $1.50. This represents a yield of 1.34%. The ex-dividend date of this dividend is Thursday, February 20th. Impax Asset Management Group’s dividend payout ratio (DPR) is 0.50%.

Separately, Peel Hunt cut shares of Impax Asset Management Group to an “add” rating and lifted their target price for the stock from GBX 330 ($4.34) to GBX 380 ($5.00) in a research report on Wednesday.

Impax Asset Management Group Company Profile

Impax Asset Management Group plc, through its subsidiaries, provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.

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