Insider Selling: Softcat plc (LON:SCT) Insider Sells 15,380 Shares of Stock

Softcat plc (LON:SCT - Get Free Report) insider Graham Charlton sold 15,380 shares of the firm's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of GBX 1,489 ($18.12), for a total value of £229,008.20 ($278,632.68).

Graham Charlton also recently made the following trade(s):

• On Tuesday, January 7th, Graham Charlton acquired 10 shares of Softcat stock. The shares were bought at an average cost of GBX 1,544 ($18.79) per share, for a total transaction of £154.40 ($187.86).

Softcat Stock Performance

SCT stock traded down GBX 5 ($0.06) during trading on Friday, hitting GBX 1,491 ($18.14). 475,714 shares of the company traded hands, compared to its average volume of 1,638,362. The stock's 50-day simple moving average is GBX 1,555.96 and its 200 day simple moving average is GBX 1,576.99. The company has a debt-to-equity ratio of 3.57, a current ratio of 1.59 and a quick ratio of 1.38. The company has a market cap of £2.97 billion, a PE ratio of 2,662.50, a P/E/G ratio of 11.51 and a beta of 0.71. Softcat plc has a 1 year low of GBX 1,315.90 ($16.01) and a 1 year high of GBX 1,855 ($22.57).

Softcat Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 17th. Investors of record on Thursday, November 7th were given a dividend of GBX 39 ($0.47) per share. This is a boost from Softcat's previous dividend of $8.50. This represents a yield of 2.55%. The ex-dividend date was Thursday, November 7th. Softcat's dividend payout ratio (DPR) is currently 4,642.86%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Berenberg Bank reissued a "hold" rating and issued a GBX 1,600 ($19.47) price target on shares of Softcat in a report on Monday, October 28th. Shore Capital reissued a "buy" rating on shares of Softcat in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 1,457.50 ($17.73).

About Softcat

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.