Nick Bray Sells 23,105 Shares of Sophos Group PLC (SOPH) Stock

Sophos Group PLC (LON:SOPH) insider Nick Bray sold 23,105 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of GBX 385 ($5.03), for a total value of £88,954.25 ($116,234.48).

Nick Bray also recently made the following trade(s):

  • On Friday, March 1st, Nick Bray sold 1,910 shares of Sophos Group stock. The stock was sold at an average price of GBX 329 ($4.30), for a total value of £6,283.90 ($8,211.03).

LON:SOPH traded up GBX 18.90 ($0.25) during mid-day trading on Tuesday, hitting GBX 404.90 ($5.29). 2,190,077 shares of the company’s stock traded hands, compared to its average volume of 2,150,000. Sophos Group PLC has a twelve month low of GBX 273.40 ($3.57) and a twelve month high of GBX 645.50 ($8.43). The firm has a market capitalization of $1.95 billion and a P/E ratio of -109.43. The company has a debt-to-equity ratio of 177.39, a current ratio of 0.64 and a quick ratio of 0.61.

The firm also recently announced a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 19th will be given a dividend of $0.04 per share. This is a positive change from Sophos Group’s previous dividend of $0.02. This represents a yield of 0.75%. The ex-dividend date is Thursday, September 19th. Sophos Group’s dividend payout ratio is currently -1.08%.

A number of equities research analysts recently weighed in on the company. UBS Group restated a “buy” rating and set a GBX 440 ($5.75) price objective (up from GBX 400 ($5.23)) on shares of Sophos Group in a research note on Friday. Liberum Capital cut Sophos Group to a “hold” rating and decreased their price objective for the stock from GBX 400 ($5.23) to GBX 320 ($4.18) in a research note on Monday, January 21st. Deutsche Bank decreased their price objective on Sophos Group from GBX 370 ($4.83) to GBX 300 ($3.92) and set a “hold” rating for the company in a research note on Thursday, March 14th. Shore Capital restated a “hold” rating on shares of Sophos Group in a research note on Thursday, May 16th. Finally, JPMorgan Chase & Co. cut Sophos Group to a “neutral” rating and decreased their price objective for the stock from GBX 400 ($5.23) to GBX 340 ($4.44) in a research note on Monday, January 21st. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 413.75 ($5.41).

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About Sophos Group

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for Web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.

Read More: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Sophos Group (LON:SOPH)

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