David Arnold Sells 30,000 Shares of Grafton Group plc (LON:GFTU) Stock

Grafton Group plc (LON:GFTU - Get Free Report) insider David Arnold sold 30,000 shares of the company's stock in a transaction dated Monday, November 4th. The stock was sold at an average price of GBX 1,018 ($13.20), for a total value of £305,400 ($396,057.58).

David Arnold also recently made the following trade(s):

• On Tuesday, September 3rd, David Arnold sold 8,902 shares of Grafton Group stock. The stock was sold at an average price of GBX 1,078 ($13.98), for a total value of £95,963.56 ($124,450.21).

Grafton Group Stock Performance

Grafton Group stock traded down GBX 5.40 ($0.07) during mid-day trading on Monday, reaching GBX 1,009.60 ($13.09). 1,188,132 shares of the company were exchanged, compared to its average volume of 529,123. Grafton Group plc has a twelve month low of GBX 742.70 ($9.63) and a twelve month high of GBX 1,097 ($14.23). The firm's 50-day simple moving average is GBX 1,044.19 and its two-hundred day simple moving average is GBX 1,003.29. The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The firm has a market cap of £2.01 billion, a PE ratio of 1,216.39, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60.

Grafton Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were paid a dividend of GBX 10.50 ($0.14) per share. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Thursday, September 12th. Grafton Group's dividend payout ratio (DPR) is 4,457.83%.

Analyst Ratings Changes

Separately, Berenberg Bank upped their price objective on Grafton Group from GBX 1,100 ($14.27) to GBX 1,200 ($15.56) and gave the stock a "buy" rating in a research report on Thursday, August 29th.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.