Richard Woodman Sells 21,497 Shares of Paragon Banking Group PLC (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG - Get Free Report) insider Richard Woodman sold 21,497 shares of the firm's stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 778 ($10.06), for a total transaction of £167,246.66 ($216,220.63).

Richard Woodman also recently made the following trade(s):

• On Monday, March 31st, Richard Woodman purchased 2,193 shares of Paragon Banking Group stock. The stock was purchased at an average price of GBX 746 ($9.64) per share, with a total value of £16,359.78 ($21,150.33).
• On Thursday, January 30th, Richard Woodman sold 259,904 shares of Paragon Banking Group stock. The shares were sold at an average price of GBX 765 ($9.89), for a total value of £1,988,265.60 ($2,570,479.12).

Paragon Banking Group Price Performance

Shares of LON:PAG traded up GBX 15.20 ($0.20) during trading on Tuesday, reaching GBX 751.70 ($9.72). 807,306 shares of the company's stock traded hands, compared to its average volume of 835,909. The stock has a market capitalization of £1.50 billion, a P/E ratio of 8.11, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52. Paragon Banking Group PLC has a 12 month low of GBX 656 ($8.48) and a 12 month high of GBX 868 ($11.22). The company has a 50 day moving average of GBX 759.75 and a 200-day moving average of GBX 747.46.

Paragon Banking Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a dividend of GBX 27.20 ($0.35) per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a yield of 3.64%. This is a positive change from Paragon Banking Group's previous dividend of $13.20. Paragon Banking Group's payout ratio is currently 43.17%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "buy" rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

About Paragon Banking Group

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small and medium-sized businesses (‘SMEs') and residential property developers in the UK. Founded in 1985 and listed on the London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.