Softcat PLC (LON:SCT) insider Peter Ventress sold 18,202 shares of the firm’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of GBX 943 ($12.32), for a total transaction of £171,644.86 ($224,284.41).
Softcat stock opened at GBX 952 ($12.44) on Friday. The business has a 50-day moving average price of GBX 944.25. The company has a market cap of $1.89 billion and a price-to-earnings ratio of 30.13. Softcat PLC has a 12-month low of GBX 551 ($7.20) and a 12-month high of GBX 987.50 ($12.90).
Separately, Numis Securities restated a “buy” rating on shares of 3i Group in a report on Thursday, May 16th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Softcat currently has an average rating of “Hold” and an average price target of GBX 829 ($10.83).
Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, designs, procures, implements, and manages technology for businesses and public sector organizations, such as software licensing, workplace technology, networking, security, and cloud and datacenter.
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