Sophos Group PLC (LON:SOPH)’s share price hit a new 52-week high on Friday . The company traded as high as GBX 661.50 ($8.97) and last traded at GBX 648.50 ($8.79), with a volume of 1100000 shares trading hands. The stock had previously closed at GBX 648.50 ($8.79).
A number of equities analysts have weighed in on the stock. Shore Capital reiterated a “hold” rating on shares of Sophos Group in a report on Wednesday, November 8th. Credit Suisse Group reiterated an “outperform” rating on shares of Sophos Group in a report on Thursday. Jefferies Group assumed coverage on shares of Sophos Group in a report on Thursday, November 2nd. They issued a “buy” rating on the stock. Finally, Numis Securities reiterated an “add” rating on shares of Sophos Group in a report on Tuesday, September 26th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 381 ($5.17).
The company has a market capitalization of $3,020.00 and a P/E ratio of -8,106.25.
In related news, insider Steve Munford sold 200,000 shares of Sophos Group stock in a transaction on Monday, November 13th. The shares were sold at an average price of GBX 583 ($7.91), for a total transaction of £1,166,000 ($1,581,231.35). Also, insider Kris Hagerman purchased 2,087 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were purchased at an average cost of GBX 376 ($5.10) per share, for a total transaction of £7,847.12 ($10,641.61). In the last three months, insiders sold 233,662 shares of company stock worth $135,999,452.
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Sophos Group Company Profile
Sophos Group plc operates as an investment company for the Sophos Group. It is a provider of cloud-enabled end-user and network security solutions. Its geographic segments include Europe, Middle East and Africa (EMEA), the Americas, and Asia Pacific and Japan (APJ). Its products under enduser security include Sophos Mobile Control 6, which is developed to include Sophos Secure Email, a personal information management container solution for e-mail, calendar and contacts, and Sophos Server Protection Advanced, which integrates server application to deliver single-click server lockdown, using Sophos Central management.
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