Softcat (LON:SCT) Insider Graham Charlton Purchases 11 Shares

Softcat plc (LON:SCT) insider Graham Charlton acquired 11 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was purchased at an average price of GBX 1,422 per share, with a total value of £156.42.

Graham Charlton also recently made the following trade(s):

• On Monday, February 9th, Graham Charlton bought 13 shares of Softcat stock. The shares were bought at an average price of GBX 1,172 per share, with a total value of £152.36.

Softcat Price Performance

Softcat stock traded down GBX 8 during mid-day trading on Friday, hitting GBX 1,427. 29,416,563 shares of the company traded hands, compared to its average volume of 3,064,708. Softcat plc has a one year low of GBX 1,083 and a one year high of GBX 1,960. The stock has a market cap of £2.80 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 11.51 and a beta of 0.53. The company has a debt-to-equity ratio of 13.07, a quick ratio of 1.38 and a current ratio of 1.25. The stock has a fifty day moving average price of GBX 1,241.27 and a 200-day moving average price of GBX 1,351.62.

Softcat (LON:SCT) last announced its earnings results on Wednesday, March 18th. The company reported GBX 36.10 earnings per share (EPS) for the quarter. Softcat had a net margin of 8.06% and a return on equity of 45.16%. On average, equities analysts predict that Softcat plc will post 60.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SCT has been the subject of several research analyst reports. Shore Capital Group reiterated a “buy” rating on shares of Softcat in a research report on Thursday, March 19th. Jefferies Financial Group decreased their price target on shares of Softcat from GBX 1,500 to GBX 1,210 and set a “hold” rating on the stock in a research note on Thursday, March 19th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 target price on shares of Softcat in a research note on Thursday, March 19th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,908.89.

About Softcat

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.