Investec Group (LON:INVP) Insider Ciaran Whelan Sells 400,000 Shares

Investec Group (LON:INVP – Get Rating) insider Ciaran Whelan sold 400,000 shares of the firm’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of GBX 457 ($5.85), for a total value of £1,828,000 ($2,339,091.49).

Ciaran Whelan also recently made the following trade(s):

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• On Wednesday, June 14th, Ciaran Whelan sold 174,027 shares of Investec Group stock. The shares were sold at an average price of GBX 476 ($6.09), for a total transaction of £828,368.52 ($1,059,972.51).

Investec Group Price Performance

INVP opened at GBX 436 ($5.58) on Friday. The company’s 50-day moving average is GBX 443.70 and its 200 day moving average is GBX 479.74. The firm has a market capitalization of £2.85 billion, a PE ratio of 531.71, a P/E/G ratio of 0.67 and a beta of 1.04. Investec Group has a fifty-two week low of GBX 336.30 ($4.30) and a fifty-two week high of GBX 556.20 ($7.12).

Investec Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, September 4th. Stockholders of record on Thursday, August 17th will be paid a GBX 17.50 ($0.22) dividend. This is a positive change from Investec Group’s previous dividend of $13.50. The ex-dividend date is Thursday, August 17th. This represents a dividend yield of 4%. Investec Group’s dividend payout ratio is presently 3,780.49%.

Investec Group Company Profile

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Investec Group provides various financial products and services in the United Kingdom South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, discretionary wealth management, financial planning, stockbroking/execution, pensions and retirement, and investment advisory services for private clients, charities, pension funds and trusts.

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