Insider Selling: Springfield Properties (LON:SPR) Insider Sells 127,899 Shares of Stock

Springfield Properties PLC (LON:SPR) insider Sandy Adam sold 127,899 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of GBX 119, for a total value of £152,199.81.

Sandy Adam also recently made the following trade(s):

• On Tuesday, November 11th, Sandy Adam sold 500,000 shares of Springfield Properties stock. The shares were sold at an average price of GBX 115, for a total value of £575,000.
• On Tuesday, November 11th, Sandy Adam sold 1,000,000 shares of Springfield Properties stock. The stock was sold at an average price of GBX 115, for a total transaction of £1,150,000.

Springfield Properties Price Performance

Shares of Springfield Properties stock opened at GBX 119 on Thursday. The company has a debt-to-equity ratio of 38.16, a current ratio of 2.45 and a quick ratio of 0.48. The stock has a market cap of £141.66 million, a price-to-earnings ratio of 10.55 and a beta of 1.42. The firm’s 50-day moving average is GBX 105.12 and its two-hundred day moving average is GBX 100.51. Springfield Properties PLC has a 1 year low of GBX 80 and a 1 year high of GBX 120.12.

Springfield Properties (LON:SPR) last announced its quarterly earnings results on Tuesday, September 16th. The company reported GBX 12.66 earnings per share for the quarter. Springfield Properties had a net margin of 2.83% and a return on equity of 4.88%. As a group, research analysts expect that Springfield Properties PLC will post 8.1103001 earnings per share for the current fiscal year.

About Springfield Properties

The Springfield Group is one of the largest homebuilders in Scotland. Made up of six well-established and respected brands –Springfield Properties, Springfield Partnerships, Dawn Homes, Walker Group, Tulloch Homes and Mactaggart & Mickel Homes – we deliver high quality, energy efficient homes across multiple tenures for people that need them.