Cohort (LON:CHRT) Stock: Insider Simon Walther Purchases 142 Shares

Key Points

• Insider activity: Cohort director Simon Walther bought 142 shares at GBX 1,260 each, totaling £1,789.20. This followed sales of more than 64,000 shares in August and September.
• Stock performance: Cohort shares rose 2.8% to GBX 1,300, giving the company a market capitalization of approximately £597.8 million.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with two Buy ratings and one Hold rating and an average price target of GBX 1,563.33.

Cohort plc (LON:CHRT - Get Free Report) insider Simon Walther acquired 142 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The shares were purchased at an average cost of GBX 1,260 per share, for a total transaction of £1,789.20.

Simon Walther also recently made the following trade(s):

• On Tuesday, September 1st, Simon Walther sold 39,635 shares of Cohort stock. The stock was sold at an average price of GBX 1,162, for a total value of £460,558.70.
• On Friday, August 14th, Simon Walther sold 24,958 shares of Cohort stock. The shares were sold at an average price of GBX 1,410, for a total transaction of £351,907.80.

Cohort Stock Up 2.8%

Shares of LON CHRT traded up GBX 36 during mid-day trading on Friday, hitting GBX 1,300. 96,702 shares of the stock traded hands, compared to its average volume of 387,537. The company has a market cap of £597.84 million, a price-to-earnings ratio of 25.35 and a beta of 0.35. The stock has a fifty day moving average price of GBX 1,223.46 and a 200-day moving average price of GBX 1,248.62. Cohort plc has a 52 week low of GBX 881.10 and a 52 week high of GBX 1,538. The company has a debt-to-equity ratio of 30.21, a quick ratio of 0.93 and a current ratio of 1.43.

Cohort (LON:CHRT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The company reported GBX 61.93 EPS for the quarter. Cohort had a net margin of 7.80% and a return on equity of 13.59%. Research analysts anticipate that Cohort plc will post 42.80 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CHRT shares. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 1,300 price target on shares of Cohort in a research note on Friday, September 25th. Berenberg Bank restated a "buy" rating and set a GBX 1,630 price objective on shares of Cohort in a research report on Friday, September 25th. Finally, Royal Bank Of Canada raised their target price on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the stock an "outperform" rating in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,563.33.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt - EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.