Insider Selling: Cohort (LON:CHRT) Insider Sells £277,694.76 in Stock

Key Points

• Cohort insider Andrew Stephen Thomis sold 23,898 shares on September 1 at an average price of GBX 1,162, generating proceeds of approximately £277,695.
• Cohort shares rose 2.1% to GBX 1,147.07 during Friday trading, valuing the company at roughly £527.4 million.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of GBX 1,563.33.

Cohort plc (LON:CHRT - Get Free Report) insider Andrew Stephen Thomis sold 23,898 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total value of £277,694.76.

Cohort Stock Up 2.1%

CHRT stock traded up GBX 23.07 during mid-day trading on Friday, hitting GBX 1,147.07. The stock had a trading volume of 44,719 shares, compared to its average volume of 421,508. Cohort plc has a 1-year low of GBX 881.10 and a 1-year high of GBX 1,538. The company has a fifty day moving average of GBX 1,279.91 and a 200 day moving average of GBX 1,267.06. The company has a current ratio of 1.43, a quick ratio of 0.93 and a debt-to-equity ratio of 30.21. The stock has a market capitalization of £527.42 million, a price-to-earnings ratio of 22.36 and a beta of 0.34.

Cohort (LON:CHRT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share (EPS) for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. On average, equities analysts expect that Cohort plc will post 42.7951807 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on CHRT shares. Berenberg Bank reissued a "buy" rating and issued a GBX 1,630 target price on shares of Cohort in a research report on Tuesday, July 21st. Jefferies Financial Group restated a "hold" rating and set a GBX 1,300 price target on shares of Cohort in a report on Wednesday, July 1st. Finally, Royal Bank Of Canada lifted their price objective on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the company an "outperform" rating in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Cohort has a consensus rating of "Moderate Buy" and an average price target of GBX 1,563.33.

About Cohort

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.

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