Learning Technologies Group PLC (LTG) Insider Acquires £175,554.56 in Stock

Learning Technologies Group PLC (LON:LTG) insider Neil Elton purchased 137,152 shares of the firm’s stock in a transaction dated Tuesday, October 9th. The stock was acquired at an average cost of GBX 128 ($1.67) per share, with a total value of £175,554.56 ($229,393.13).

LON:LTG opened at GBX 112.50 ($1.47) on Friday. Learning Technologies Group PLC has a 1 year low of GBX 37.50 ($0.49) and a 1 year high of GBX 88 ($1.15).

The firm also recently declared a dividend, which will be paid on Friday, November 2nd. Stockholders of record on Thursday, October 11th will be paid a GBX 0.15 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, October 11th. This represents a dividend yield of 0.1%.

Several research analysts have recently issued reports on the company. Peel Hunt reissued an “add” rating on shares of Learning Technologies Group in a research note on Monday, October 8th. Berenberg Bank increased their price target on Learning Technologies Group from GBX 125 ($1.63) to GBX 190 ($2.48) and gave the stock a “buy” rating in a research note on Tuesday, September 25th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 165 ($2.16) price target (up previously from GBX 132 ($1.72)) on shares of Learning Technologies Group in a research note on Tuesday, September 25th.

Learning Technologies Group Company Profile

Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.

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