Insider Selling: Cohort (LON:CHRT) Insider Sells £351,907.80 in Stock

Cohort plc (LON:CHRT) insider Simon Walther sold 24,958 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of GBX 1,410, for a total value of £351,907.80.

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

• On Thursday, July 16th, Simon Walther bought 518 shares of Cohort stock. The shares were bought at an average price of GBX 1,331 per share, for a total transaction 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 Stock Performance

LON:CHRT opened at GBX 1,270 on Friday. The firm’s fifty day simple moving average is GBX 1,295.88 and its 200-day simple moving average is GBX 1,263.59. 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 stock has a market cap of £582.04 million, a PE ratio of 24.76 and a beta of 0.34. Cohort plc has a fifty-two week low of GBX 881.10 and a fifty-two week high of GBX 1,538.

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

Analyst Ratings Changes

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