Todays Report: The Ricardo plc (RCDO) Insider Sold £168,300 in Stock

The Ricardo plc (RCDO) Insider Sold £168,300 in Stock

Ricardo plc (LON:RCDO) insider Mark Garrett sold 18,000 shares of the stock in a transaction that occurred on Tuesday, October 25th. The stock was sold at an average price of GBX 935 ($11.40), for a total value of £168,300 ($205,118.83).

Mark Garrett also recently made the following trade(s): On Monday, October 17th, Mark Garrett sold 7,838 shares of Ricardo plc stock. The shares were sold at an average price of GBX 1,010 ($12.31), for a total value of £79,163.80 ($96,482.39).

Ricardo plc (LON:RCDO) opened at 927.00 on Monday. The company’s market capitalization is GBX 489.94 million. The stock has a 50 day moving average price of GBX 941.88 and a 200-day moving average price of GBX 836.38. Ricardo plc has a 52 week low of GBX 645.00 and a 52 week high of GBX 1,040.00.

The firm also recently announced a dividend, which will be paid on Friday, November 11th. Shareholders of record on Thursday, October 20th will be issued a dividend of GBX 13.03 ($0.16) per share. This is a boost from Ricardo plc’s previous dividend of $5.07. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 1.49%.

A number of brokerages have weighed in on RCDO. Peel Hunt reaffirmed an “add” rating and issued a GBX 845 ($10.30) target price on shares of Ricardo plc in a report on Thursday, September 15th. Liberum Capital reiterated a “buy” rating and issued a GBX 875 ($10.66) price target on shares of Ricardo plc in a research note on Thursday, September 15th.

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