Craneware plc (LON:CRW) Insider Sells £9,322,500 in Stock

Craneware plc (LON:CRW - Get Free Report) insider Keith Neilson sold 423,750 shares of the company's stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of GBX 2,200 ($28.77), for a total transaction of £9,322,500 ($12,191,055.32).

Craneware Stock Down 4.5 %

Shares of CRW traded down GBX 105 ($1.37) during trading hours on Wednesday, reaching GBX 2,215 ($28.97). The company's stock had a trading volume of 2,732,031 shares, compared to its average volume of 91,903. The company has a 50 day moving average of GBX 2,317.98 and a two-hundred day moving average of GBX 2,268.97. The company has a quick ratio of 1.00, a current ratio of 0.63 and a debt-to-equity ratio of 12.22. The firm has a market cap of £782.34 million, a price-to-earnings ratio of 9,008.00 and a beta of 0.28. Craneware plc has a 1-year low of GBX 1,340.71 ($17.53) and a 1-year high of GBX 2,509.20 ($32.81).

Craneware Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 28th will be paid a GBX 16 ($0.21) dividend. This represents a yield of 0.77%. The ex-dividend date is Thursday, November 28th. This is a positive change from Craneware's previous dividend of $13.00. Craneware's dividend payout ratio is currently 11,600.00%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 2,700 ($35.31) price target on shares of Craneware in a report on Tuesday, September 3rd.

About Craneware

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.