Insider Buying: Majestic Wine PLC (WINE) Insider Purchases 1,400 Shares of Stock

Majestic Wine PLC (LON:WINE) insider Brian Gregory Hodder purchased 1,400 shares of the company’s stock in a transaction that occurred on Tuesday, January 31st. The stock was acquired at an average cost of GBX 356 ($4.64) per share, for a total transaction of £4,984 ($6,490.43).

Brian Gregory Hodder also recently made the following trade(s):

  • On Tuesday, June 20th, Brian Gregory Hodder bought 3,600 shares of Majestic Wine PLC stock. The shares were purchased at an average cost of GBX 331 ($4.31) per share, for a total transaction of £11,916 ($15,517.65).

Shares of Majestic Wine PLC (WINE) opened at 330.75 on Monday. Majestic Wine PLC has a 12-month low of GBX 273.25 and a 12-month high of GBX 440.25. The company’s market cap is GBX 234.08 million. The company has a 50 day moving average of GBX 319.84 and a 200-day moving average of GBX 343.94.

The business also recently disclosed a dividend, which was paid on Friday, July 28th. Investors of record on Thursday, June 22nd were given a dividend of GBX 3.60 ($0.05) per share. This is an increase from Majestic Wine PLC’s previous dividend of $1.50. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a yield of 1.03%.

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Several research firms have commented on WINE. Shore Capital cut shares of Majestic Wine PLC to a “hold” rating in a research report on Thursday, June 15th. Peel Hunt cut shares of Majestic Wine PLC to a “sell” rating and set a GBX 300 ($3.91) target price on the stock. in a research report on Thursday, June 15th. Liberum Capital lifted their target price on shares of Majestic Wine PLC from GBX 465 ($6.06) to GBX 500 ($6.51) and gave the stock a “buy” rating in a research report on Thursday, June 15th. Investec reissued a “buy” rating and set a GBX 450 ($5.86) target price on shares of Majestic Wine PLC in a research report on Thursday, June 15th. Finally, Canaccord Genuity lifted their target price on shares of Majestic Wine PLC from GBX 290 ($3.78) to GBX 306 ($3.98) and gave the stock a “sell” rating in a research report on Thursday, May 11th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 375.20 ($4.89).

Majestic Wine PLC Company Profile

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Insider Buying and Selling by Quarter for Majestic Wine PLC (LON:WINE)

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