FDM Group (Holdings) plc (LON:FDM) Insider Roderick (Rod) Flavell Acquires 6,684 Shares

Posted by on Jun 6th, 2023

FDM Group (Holdings) plc (LON:FDM – Get Rating) insider Roderick (Rod) Flavell purchased 6,684 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were acquired at an average price of GBX 686 ($8.53) per share, for a total transaction of £45,852.24 ($57,001.79).

FDM Group Stock Up 0.7 %

Shares of LON:FDM opened at GBX 702 ($8.73) on Tuesday. The stock has a market cap of £766.51 million, a P/E ratio of 2,193.75 and a beta of 1.11. The firm has a fifty day moving average price of GBX 683.31 and a 200 day moving average price of GBX 747.60. The company has a debt-to-equity ratio of 15.50, a current ratio of 2.44 and a quick ratio of 2.24. FDM Group has a 1-year low of GBX 573 ($7.12) and a 1-year high of GBX 990 ($12.31).

FDM Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 8th will be given a dividend of GBX 19 ($0.24) per share. The ex-dividend date is Thursday, June 8th. This represents a yield of 2.22%. This is an increase from FDM Group’s previous dividend of $17.00. FDM Group’s dividend payout ratio is presently 11,250.00%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on FDM shares. Barclays decreased their target price on shares of FDM Group from GBX 1,000 ($12.43) to GBX 840 ($10.44) and set an “overweight” rating on the stock in a report on Monday, May 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 1,250 ($15.54) price target on shares of FDM Group in a research note on Thursday, March 16th. Shore Capital reaffirmed a “house stock” rating on shares of FDM Group in a research note on Tuesday, May 16th. Finally, Numis Securities downgraded shares of FDM Group to an “add” rating and set a GBX 1,000 ($12.43) target price on the stock. in a research note on Wednesday, March 15th.

About FDM Group

(Get Rating)

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, rest of Europe, the Middle East, Africa, and the Asia Pacific. It is involved in recruiting, training, and placing its own IT and business consultants across various technical and business disciplines, including development, testing, IT service management, project management office, data engineering, cloud computing, business analysis, business intelligence, cyber security, artificial intelligence, machine learning, and robotic process automation, as well as risk and regulation activities.

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