Insider Buying: Luceco PLC (LUCE) Insider Buys 130 Shares of Stock

Luceco PLC (LON:LUCE) insider John Hornby purchased 130 shares of the firm’s stock in a transaction dated Thursday, July 20th. The shares were bought at an average cost of GBX 233 ($3.02) per share, with a total value of £302.90 ($393.22).

Shares of Luceco PLC (LON:LUCE) traded down 2.71% during trading on Friday, reaching GBX 233.50. 5,975 shares of the company were exchanged. The stock’s market capitalization is GBX 375.47 million. Luceco PLC has a 1-year low of GBX 140.00 and a 1-year high of GBX 260.00. The firm has a 50-day moving average price of GBX 233.23 and a 200-day moving average price of GBX 217.82.

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Separately, Numis Securities Ltd raised shares of Luceco PLC to an “add” rating and lifted their price target for the company from GBX 255 ($3.31) to GBX 275 ($3.57) in a research note on Tuesday, July 25th.

About Luceco PLC

Luceco plc offers a range of brands, including Luceco, BG Electrical, Masterplug and Ross. The Company’s products include Luxpanel, Epsilon and ambient lighting. Luceco light emitting diode (LED) lighting provides commercial and domestic lighting solutions. BG Electrical is a wiring accessory manufacturing brand, which serves electrical trade and specifiers.

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