Peel Hunt reissued their buy rating on shares of Wandisco (LON:WAND) in a research note issued to investors on Wednesday. Peel Hunt currently has a GBX 1,000 ($13.37) target price on the stock.

Shares of Wandisco (WAND) traded up GBX 98 ($1.31) during trading on Wednesday, reaching GBX 668 ($8.93). The company had a trading volume of 106,855 shares, compared to its average volume of 42,391. Wandisco has a 52-week low of GBX 170 ($2.27) and a 52-week high of GBX 890 ($11.90). The firm has a market capitalization of $266.69 and a PE ratio of -3,340.00.

In other news, insider Karl Upton Monaghan bought 8,900 shares of Wandisco stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average price of GBX 550 ($7.35) per share, for a total transaction of £48,950 ($65,449.93).

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About Wandisco

WANdisco plc focuses on Active Data Replication technology. The Company’s WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers. The Company is involved in the development and sale of licenses for software and related maintenance. The Company is engaged in the development and provision of global collaboration software.

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