Computacenter plc (LON:CCC) Insider Buys £219,830 in Stock

Computacenter plc (LON:CCC) insider Pauline Campbell bought 8,900 shares of the company’s stock in a transaction dated Tuesday, September 17th. The stock was bought at an average cost of GBX 2,470 ($32.63) per share, with a total value of £219,830 ($290,396.30).

Computacenter Price Performance

Shares of LON:CCC opened at GBX 2,532 ($33.45) on Friday. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.40. Computacenter plc has a fifty-two week low of GBX 2,354.83 ($31.11) and a fifty-two week high of GBX 3,004 ($39.68). The firm has a 50-day simple moving average of GBX 2,654.75 and a 200 day simple moving average of GBX 2,726.22. The company has a market cap of £2.78 billion, a PE ratio of 1,690.67, a P/E/G ratio of 6.99 and a beta of 0.71.

Computacenter Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be given a dividend of GBX 23.30 ($0.31) per share. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 26th. Computacenter’s dividend payout ratio is presently 4,733.33%.

Wall Street Analyst Weigh In

CCC has been the subject of several research analyst reports. Jefferies Financial Group dropped their target price on shares of Computacenter from GBX 3,900 ($51.52) to GBX 3,800 ($50.20) and set a “buy” rating for the company in a research report on Monday, July 29th. JPMorgan Chase & Co. dropped their target price on shares of Computacenter from GBX 3,300 ($43.59) to GBX 3,050 ($40.29) and set an “overweight” rating for the company in a research report on Monday, July 29th.

Computacenter Company Profile

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.