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).
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.
TRADEMARK VIOLATION WARNING: “Martin Green Sells 2,400 Shares of The Vitec Group plc (LON:VTC) Stock” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.dispatchtribunal.com/2018/04/07/vitec-group-plc-lonvtc-insider-sells-29880-in-stock.html.
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.
Receive News & Ratings for The Vitec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Vitec Group and related companies with MarketBeat.com's FREE daily email newsletter.