Insider Buying: Softcat plc (LON:SCT) Insider Buys 9 Shares of Stock

Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh purchased 9 shares of the business's stock in a transaction on Friday, March 7th. The shares were acquired at an average price of GBX 1,532 ($19.82) per share, for a total transaction of £137.88 ($178.35).

Kathryn Mecklenburgh also recently made the following trade(s):

• On Friday, February 7th, Kathryn Mecklenburgh purchased 10 shares of Softcat stock. The shares were acquired at an average price of GBX 1,601 ($20.71) per share, for a total transaction of £160.10 ($207.09).

Softcat Stock Up 2.9 %

Shares of LON:SCT traded up GBX 42 ($0.54) during trading on Friday, reaching GBX 1,493 ($19.31). 666,404 shares of the stock were exchanged, compared to its average volume of 992,514. The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38. Softcat plc has a 1-year low of GBX 1,415 ($18.30) and a 1-year high of GBX 1,855 ($23.99). The stock has a fifty day moving average of GBX 1,546.30 and a two-hundred day moving average of GBX 1,562.34. The firm has a market cap of £2.97 billion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "buy" rating on shares of Softcat in a report on Friday, March 7th.

Softcat Company Profile

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.