Martin Green Sells 2,400 Shares of The Vitec Group plc (LON:VTC) Stock

The Vitec Group plc (LON:VTC) insider Martin Green sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of GBX 1,245 ($17.48), for a total transaction of £29,880 ($41,942.73).

The Vitec Group stock opened at GBX 1,185 ($16.63) on Friday. The Vitec Group plc has a 12-month low of GBX 734.64 ($10.31) and a 12-month high of GBX 1,260 ($17.69).

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The business also recently announced a dividend, which will be paid on Friday, May 18th. Investors of record on Thursday, April 19th will be given a dividend of GBX 20.10 ($0.28) per share. This represents a dividend yield of 1.76%. The ex-dividend date is Thursday, April 19th. This is an increase from The Vitec Group’s previous dividend of $10.40.

A number of research firms have weighed in on VTC. Peel Hunt reissued a “buy” rating and set a GBX 1,300 ($18.25) target price on shares of The Vitec Group in a report on Wednesday, March 7th. Arden Partners restated a “buy” rating on shares of The Vitec Group in a research report on Friday, February 23rd.

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About The Vitec Group

The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, pro-video, and photographic applications worldwide. The company operates in three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.

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