Insider Buying: Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) Insider Acquires 257 Shares of Stock

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) insider Nathan James McLean Imlach bought 257 shares of the firm’s stock in a transaction dated Friday, March 29th. The shares were acquired at an average price of GBX 590 ($7.71) per share, for a total transaction of £1,516.30 ($1,981.31).

Nathan James McLean Imlach also recently made the following trade(s):

  • On Thursday, February 28th, Nathan James McLean Imlach purchased 261 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 580 ($7.58) per share, with a total value of £1,513.80 ($1,978.05).
  • On Thursday, January 31st, Nathan James McLean Imlach purchased 260 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 580 ($7.58) per share, with a total value of £1,508 ($1,970.47).
  • On Monday, December 31st, Nathan James McLean Imlach purchased 282 shares of Mortgage Advice Bureau stock. The shares were acquired at an average cost of GBX 515 ($6.73) per share, with a total value of £1,452.30 ($1,897.69).

Shares of LON MAB1 traded down GBX 3 ($0.04) during trading hours on Friday, hitting GBX 570 ($7.45). The company’s stock had a trading volume of 1,301 shares, compared to its average volume of 34,178. The stock has a market capitalization of $291.30 million and a PE ratio of 22.53. Mortgage Advice Bureau has a 12 month low of GBX 470 ($6.14) and a 12 month high of GBX 740 ($9.67).

The firm also recently announced a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 25th will be paid a GBX 12.70 ($0.17) dividend. The ex-dividend date is Thursday, April 25th. This is a boost from Mortgage Advice Bureau’s previous dividend of $10.60. This represents a dividend yield of 2.3%. Mortgage Advice Bureau’s dividend payout ratio (DPR) is presently 0.91%.

Several analysts have recently commented on the company. Numis Securities reissued an “add” rating and issued a GBX 665 ($8.69) price objective on shares of Mortgage Advice Bureau in a research note on Wednesday, March 13th. Shore Capital reaffirmed a “buy” rating on shares of Mortgage Advice Bureau in a report on Tuesday, March 19th.

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About Mortgage Advice Bureau

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.

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Insider Buying and Selling by Quarter for Mortgage Advice Bureau (LON:MAB1)

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