Insider Selling: Cohort (LON:CHRT) Insider Sells £460,558.70 in Stock

Cohort plc (LON:CHRT) insider Simon Walther sold 39,635 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of GBX 1,162, for a total transaction of £460,558.70.

Simon Walther also recently made the following trade(s):

• On Friday, August 14th, Simon Walther sold 24,958 shares of Cohort stock. The shares were sold at an average price of GBX 1,410, for a total transaction of £351,907.80.
• On Thursday, July 16th, Simon Walther acquired 518 shares of Cohort stock. The stock was purchased at an average price of GBX 1,331 per share, with a total value of £6,894.58.
• On Thursday, July 16th, Simon Walther sold 519 shares of Cohort stock. The stock was sold at an average price of GBX 1,331, for a total transaction of £6,907.89.

Cohort Trading Up 0.7%

CHRT stock opened at GBX 1,132 on Monday. Cohort plc has a 52-week low of GBX 881.10 and a 52-week high of GBX 1,538. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. The firm has a market cap of £520.49 million, a P/E ratio of 22.07 and a beta of 0.34. The company’s 50-day simple moving average is GBX 1,274.07 and its 200-day simple moving average is GBX 1,266.49.

Cohort (LON:CHRT) last announced its earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share (EPS) for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. As a group, equities analysts forecast that Cohort plc will post 42.7951807 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,300 price objective on shares of Cohort in a research report on Wednesday, July 1st. Royal Bank Of Canada upped their target price on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a report on Friday, July 17th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 1,630 target price on shares of Cohort in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,563.33.

About Cohort

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.