Vitec Group plc (VTC) Insider Kath Kearney-Croft Purchases 2,700 Shares of Stock
Vitec Group plc (LON:VTC) insider Kath Kearney-Croft bought 2,700 shares of the company’s stock in a transaction on Wednesday, October 4th. The shares were acquired at an average cost of GBX 1,103 ($14.63) per share, for a total transaction of £29,781 ($39,502.59).
Shares of Vitec Group plc (LON VTC) opened at 1105.00 on Thursday. The firm’s 50 day moving average is GBX 996.58 and its 200-day moving average is GBX 953.77. Vitec Group plc has a one year low of GBX 598.00 and a one year high of GBX 1,115.00. The firm’s market capitalization is GBX 494.39 million.
The firm also recently declared a dividend, which will be paid on Friday, October 20th. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 10.40 ($0.14) per share. The ex-dividend date is Thursday, September 21st. This represents a yield of 1.05%.
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VTC has been the topic of a number of research reports. Peel Hunt increased their target price on shares of Vitec Group plc from GBX 1,100 ($14.59) to GBX 1,185 ($15.72) and gave the stock a “buy” rating in a report on Thursday, July 13th. Berenberg Bank reissued a “buy” rating and set a GBX 1,150 ($15.25) target price on shares of Vitec Group plc in a report on Monday, August 14th. Five equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of GBX 1,106.25 ($14.67).
About Vitec Group plc
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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