Jakob Sigurdsson Purchases 3,000 Shares of Victrex plc (VCT) Stock

Victrex plc (LON:VCT) insider Jakob Sigurdsson purchased 3,000 shares of Victrex stock in a transaction on Tuesday, May 14th. The stock was bought at an average cost of GBX 2,092 ($27.34) per share, with a total value of £62,760 ($82,007.06).

Jakob Sigurdsson also recently made the following trade(s):

  • On Monday, February 18th, Jakob Sigurdsson purchased 3,000 shares of Victrex stock. The stock was bought at an average cost of GBX 2,415 ($31.56) per share, with a total value of £72,450 ($94,668.76).

LON:VCT opened at GBX 2,038.43 ($26.64) on Wednesday. The stock has a market cap of $1.77 billion and a PE ratio of 15.90. Victrex plc has a 52 week low of GBX 2,082 ($27.21) and a 52 week high of GBX 3,434 ($44.87).

The firm also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 6th will be issued a dividend of GBX 13.42 ($0.18) per share. This represents a dividend yield of 0.65%. The ex-dividend date is Thursday, June 6th. Victrex’s payout ratio is 0.47%.

VCT has been the subject of a number of research reports. Peel Hunt reissued an “add” rating and issued a GBX 2,500 ($32.67) price target (down from GBX 2,850 ($37.24)) on shares of Victrex in a report on Wednesday, February 6th. Liberum Capital reissued a “buy” rating on shares of Victrex in a report on Tuesday, February 5th. Berenberg Bank reduced their price target on shares of Victrex from GBX 2,600 ($33.97) to GBX 2,550 ($33.32) and set a “hold” rating for the company in a report on Thursday, February 7th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Victrex in a report on Friday, February 1st. Finally, UBS Group downgraded shares of Victrex to a “neutral” rating and reduced their price target for the company from GBX 2,850 ($37.24) to GBX 2,575 ($33.65) in a report on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,440.50 ($31.89).

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About Victrex

Victrex plc, through its subsidiaries, manufactures and sells polymers worldwide. The company offers VICTREX PEEK polymer materials; and biomaterial solutions for use in spine, ortho, dental, trauma, knee, cardiovascular, and orthopedic applications. It also offers specialist solutions for medical device manufacturers.

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Insider Buying and Selling by Quarter for Victrex (LON:VCT)

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