Insider Buying: Headlam Group plc (HEAD) Insider Acquires £223,500 in Stock
Headlam Group plc (LON:HEAD) insider Wilson,S G acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, September 15th. The stock was acquired at an average price of GBX 447 ($5.83) per share, with a total value of £223,500 ($291,737.37).
Headlam Group plc (LON:HEAD) opened at 461.00 on Tuesday. Headlam Group plc has a 52 week low of GBX 408.00 and a 52 week high of GBX 550.00. The company has a 50-day moving average of GBX 457.73 and a 200-day moving average of GBX 474.60. The stock’s market cap is GBX 387.39 million.
The company also recently announced a dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Thursday, December 1st will be issued a GBX 6.70 ($0.09) dividend. This represents a yield of 1.51%. This is a positive change from Headlam Group plc’s previous dividend of $6.00. The ex-dividend date is Thursday, December 1st.
Separately, Peel Hunt reiterated a “hold” rating and issued a GBX 450 ($5.87) price target on shares of Headlam Group plc in a research note on Wednesday, September 14th.
About Headlam Group plc
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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