Insider Buying: Dialight Plc (DIA) Insider Purchases £21,252 in Stock

Dialight Plc (LON:DIA) insider Michael Sutsko acquired 3,220 shares of the stock in a transaction dated Wednesday, November 1st. The shares were purchased at an average cost of GBX 660 ($8.71) per share, with a total value of £21,252 ($28,044.34).

Michael Sutsko also recently made the following trade(s):

  • On Monday, October 30th, Michael Sutsko acquired 1,500 shares of Dialight Plc stock. The shares were purchased at an average cost of GBX 637 ($8.41) per share, with a total value of £9,555 ($12,608.87).

Dialight Plc (LON DIA) opened at GBX 672 ($8.87) on Friday.

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Several equities analysts have recently commented on the stock. Peel Hunt reaffirmed a “hold” rating and set a GBX 720 ($9.50) price objective on shares of Dialight Plc in a research note on Tuesday, October 31st. Berenberg Bank lowered their price objective on shares of Dialight Plc from GBX 620 ($8.18) to GBX 530 ($6.99) and set a “sell” rating for the company in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Dialight Plc has a consensus rating of “Hold” and an average price target of GBX 724.80 ($9.56).

Dialight Plc Company Profile

Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.

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