Softcat PLC (LON:SCT) Insider Sells £171,644.86 in Stock

Softcat PLC (LON:SCT) insider Peter Ventress sold 18,202 shares of the firm’s stock in a transaction on Thursday, July 11th. The shares were sold at an average price of GBX 943 ($12.32), for a total transaction of £171,644.86 ($224,284.41).

Shares of SCT stock opened at GBX 952 ($12.44) on Friday. The company has a market cap of $1.89 billion and a P/E ratio of 30.13. Softcat PLC has a one year low of GBX 551 ($7.20) and a one year high of GBX 987.50 ($12.90). The company’s fifty day moving average price is GBX 944.25.

Separately, Numis Securities restated a “buy” rating on shares of 3i Group in a research report on Thursday, May 16th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Softcat currently has a consensus rating of “Hold” and an average target price of GBX 829 ($10.83).

Softcat Company Profile

Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, designs, procures, implements, and manages technology for businesses and public sector organizations, such as software licensing, workplace technology, networking, security, and cloud and datacenter.

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