Peter Brooks-Johnson Sells 30,907 Shares of Rightmove Plc (RMV) Stock

Rightmove Plc (LON:RMV) insider Peter Brooks-Johnson sold 30,907 shares of Rightmove Plc stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of GBX 4,103 ($54.42), for a total value of £1,268,114.21 ($1,682,072.17).

Rightmove Plc (LON RMV) opened at 4028.00 on Friday. Rightmove Plc has a 12 month low of GBX 3,604.00 and a 12 month high of GBX 4,374.00. The firm has a 50 day moving average price of GBX 4,072.33 and a 200-day moving average price of GBX 4,151.76. The firm’s market capitalization is GBX 3.72 billion.

The firm also recently announced a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, October 5th will be paid a dividend of GBX 22 ($0.29) per share. The ex-dividend date is Thursday, October 5th. This represents a yield of 0.51%.

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Several equities analysts have recently weighed in on the company. Peel Hunt reaffirmed a “hold” rating and issued a GBX 4,000 ($53.06) price objective on shares of Rightmove Plc in a research note on Friday, June 9th. Deutsche Bank AG lifted their price objective on Rightmove Plc from GBX 3,880 ($51.47) to GBX 4,000 ($53.06) and gave the company a “hold” rating in a research note on Monday, July 31st. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Rightmove Plc in a research note on Monday, July 31st. Barclays PLC reaffirmed an “underweight” rating on shares of Rightmove Plc in a research note on Monday, July 31st. Finally, Shore Capital reaffirmed a “hold” rating on shares of Rightmove Plc in a research note on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 4,226.44 ($56.06).

About Rightmove Plc

Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company’s principal business is the operation of the rightmove.co.uk Website. The Company’s Website and mobile platforms provide online property search. The Company’s segments include Agency, New Homes and Other.

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