Softcat plc (LON:SCT) Insider Graham Charlton Sells 15,380 Shares of Stock

Softcat plc (LON:SCT) insider Graham Charlton sold 15,380 shares of Softcat stock in a transaction on Thursday, January 16th. The stock was sold at an average price of GBX 1,489 ($18.12), for a total transaction of £229,008.20 ($278,632.68).

Graham Charlton also recently made the following trade(s):

• On Tuesday, January 7th, Graham Charlton purchased 10 shares of Softcat stock. The stock was bought at an average price of GBX 1,544 ($18.79) per share, for a total transaction of £154.40 ($187.86).

Softcat Stock Performance

Shares of Softcat stock opened at GBX 1,491 ($18.14) on Friday. The stock’s fifty day simple moving average is GBX 1,555.96 and its 200 day simple moving average is GBX 1,576.99. 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 company has a market capitalization of £2.97 billion, a PE ratio of 2,662.50, a PEG ratio of 11.51 and a beta of 0.71. Softcat plc has a 12 month low of GBX 1,315.90 ($16.01) and a 12 month high of GBX 1,855 ($22.57).

Softcat Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Thursday, November 7th were given a dividend of GBX 39 ($0.47) per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a dividend yield of 2.55%. This is a positive change from Softcat’s previous dividend of $8.50. Softcat’s dividend payout ratio (DPR) is currently 4,642.86%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SCT shares. Shore Capital reissued a “buy” rating on shares of Softcat in a research note on Thursday, October 24th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,600 ($19.47) price target on shares of Softcat in a research note on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 1,457.50 ($17.73).

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.