Patisserie Holdings PLC (CAKE) Insider Sells £2,399,997.60 in Stock
Patisserie Holdings PLC (LON:CAKE) insider Christopher David Marsh sold 666,666 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of GBX 360 ($5.05), for a total value of £2,399,997.60 ($3,365,111.61).
Patisserie Holdings PLC (CAKE) opened at GBX 347 ($4.87) on Thursday. Patisserie Holdings PLC has a twelve month low of GBX 290 ($4.07) and a twelve month high of GBX 406 ($5.69). The firm has a market capitalization of $341.85 and a price-to-earnings ratio of 2,168.75.
The business also recently declared a dividend, which will be paid on Friday, February 9th. Stockholders of record on Thursday, January 11th will be issued a GBX 2.40 ($0.03) dividend. This is a positive change from Patisserie’s previous dividend of $1.20. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, January 11th.
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Patisserie Company Profile
Patisserie Holdings PLC is a United Kingdom-based cafe and casual dining company. The Company offers cakes, pastries, snacks, meals, and hot and cold drinks across the United Kingdom. The Company’s segments include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts. It offers products, such as coffee, dairy, fruit, packaging, cocoa and wheat items.
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