Insider Buying: Headlam Group plc (HEAD) Insider Acquires £223,500 in Stock
Headlam Group plc (LON:HEAD) insider Wilson,S G bought 50,000 shares of Headlam Group plc stock in a transaction on Thursday, September 15th. The stock was purchased at an average price of GBX 447 ($5.83) per share, for a total transaction of £223,500 ($291,737.37).
Headlam Group plc (LON:HEAD) opened at 461.00 on Tuesday. The stock’s market capitalization is GBX 387.39 million. The stock’s 50 day moving average is GBX 457.73 and its 200 day moving average is GBX 474.60. Headlam Group plc has a one year low of GBX 408.00 and a one year high of GBX 550.00.
The firm also recently declared a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, December 1st will be issued a dividend of GBX 6.70 ($0.09) per share. This represents a dividend yield of 1.51%. This is a positive change from Headlam Group plc’s previous dividend of $6.00. The ex-dividend date of this dividend is Thursday, December 1st.
Separately, Peel Hunt reiterated a “hold” rating and set a GBX 450 ($5.87) price objective on shares of Headlam Group plc in a report on Wednesday, August 24th.
Headlam Group plc Company Profile
Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.
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