Softcat plc (LON:SCT) Insider Graham Charlton Purchases 10 Shares

Softcat plc (LON:SCT) insider Graham Charlton purchased 10 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were bought at an average cost of GBX 1,544 ($19.09) per share, for a total transaction of £154.40 ($190.85).

Softcat Trading Down 4.2 %

Shares of SCT opened at GBX 1,471 ($18.18) on Thursday. Softcat plc has a twelve month low of GBX 1,283 ($15.86) and a twelve month high of GBX 1,855 ($22.93). The company has a current ratio of 1.59, a quick ratio of 1.38 and a debt-to-equity ratio of 3.57. The firm has a market capitalization of £2.93 billion, a P/E ratio of 2,626.79, a PEG ratio of 11.51 and a beta of 0.71. The firm’s 50-day moving average is GBX 1,594.34 and its two-hundred day moving average is GBX 1,595.25.

Softcat Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 17th. Shareholders of record on Thursday, November 7th were issued a dividend of GBX 39 ($0.48) per share. This is an increase from Softcat’s previous dividend of $8.50. This represents a yield of 2.55%. The ex-dividend date was Thursday, November 7th. Softcat’s dividend payout ratio (DPR) is 4,642.86%.

Analyst Ratings Changes

A number of analysts have weighed in on SCT shares. Shore Capital reaffirmed a “buy” rating on shares of Softcat in a research report on Thursday, October 24th. Berenberg Bank reissued a “hold” rating and issued a GBX 1,600 ($19.78) price objective on shares of Softcat in a research note on Monday, October 28th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 1,457.50 ($18.02).

About Softcat

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.