Insider Buying: FDM Group (Holdings) plc (LON:FDM) Insider Buys £498.15 in Stock

FDM Group (Holdings) plc (LON:FDM) insider Michael (Mike) McLaren acquired 123 shares of the company’s stock in a transaction that occurred on Wednesday, June 12th. The shares were acquired at an average price of GBX 405 ($5.16) per share, with a total value of £498.15 ($634.34).

Michael (Mike) McLaren also recently made the following trade(s):

• On Friday, May 10th, Michael (Mike) McLaren acquired 142 shares of FDM Group stock. The shares were acquired at an average price of GBX 351 ($4.47) per share, with a total value of £498.42 ($634.69).

FDM Group Price Performance

Shares of FDM stock opened at GBX 376.50 ($4.79) on Friday. The company has a quick ratio of 2.24, a current ratio of 2.63 and a debt-to-equity ratio of 26.32. FDM Group has a twelve month low of GBX 300 ($3.82) and a twelve month high of GBX 699 ($8.90). The company has a market cap of £410.72 million, a P/E ratio of 1,017.57 and a beta of 0.89. The business has a fifty day simple moving average of GBX 380.90 and a 200 day simple moving average of GBX 401.03.

FDM Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 6th will be given a GBX 19 ($0.24) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from FDM Group’s previous dividend of $17.00. This represents a yield of 5.54%. FDM Group’s dividend payout ratio (DPR) is currently 9,729.73%.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of FDM Group in a research report on Thursday, June 6th.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.