Michael (Mark) Charles Fairbairn Buys 5,000 Shares of Plus500 Ltd (PLUS) Stock
Plus500 Ltd (LON:PLUS) insider Michael (Mark) Charles Fairbairn bought 5,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were purchased at an average cost of GBX 1,040 ($13.72) per share, with a total value of £52,000 ($68,619.69).
Plus500 Ltd (LON:PLUS) opened at GBX 1,040 ($13.72) on Friday.
The business also recently disclosed a dividend, which will be paid on Thursday, November 23rd. Stockholders of record on Thursday, September 7th will be given a dividend of $0.24 per share. This represents a dividend yield of 2.21%. The ex-dividend date is Thursday, September 7th.
A number of research analysts have recently commented on PLUS shares. Berenberg Bank raised shares of Plus500 to a “buy” rating and upped their price objective for the company from GBX 560 ($7.39) to GBX 725 ($9.57) in a research report on Thursday, August 3rd. Liberum Capital upped their price objective on shares of Plus500 from GBX 628 ($8.29) to GBX 992 ($13.09) and gave the company a “buy” rating in a research report on Monday, August 7th.
Plus500 Ltd is an Israel-based online provider of Contracts for Difference (CFDs). The Company develops and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs) and foreign exchange.
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