Insider Selling: Cohort (LON:CHRT) Insider Sells 21,203 Shares of Stock

Key Points

• Insider Andrew Stephen Thomis sold 21,203 shares of Cohort plc at an average price of GBX 1,256, totaling approximately £266,309.68.
• Cohort stock experienced a 2.2% increase during trading, reaching GBX 1,274, with a current market cap of £580.82 million.
• Shore Capital has reiterated a "buy" rating for Cohort, setting a price target of GBX 1,630 based on positive analyst consensus.

Cohort plc (LON:CHRT - Get Free Report) insider Andrew Stephen Thomis sold 21,203 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of GBX 1,256, for a total transaction of £266,309.68.

Andrew Stephen Thomis also recently made the following trade(s):

• On Wednesday, July 16th, Andrew Stephen Thomis sold 48,961 shares of Cohort stock. The shares were sold at an average price of GBX 1,743, for a total transaction of £853,390.23.
• On Wednesday, July 16th, Andrew Stephen Thomis sold 51,141 shares of Cohort stock. The shares were sold at an average price of GBX 1,743, for a total transaction of £891,387.63.

Cohort Stock Up 2.2%

Cohort stock traded up GBX 28 during mid-day trading on Wednesday, hitting GBX 1,274. The company had a trading volume of 109,950 shares, compared to its average volume of 201,089. The stock has a market cap of £580.82 million, a price-to-earnings ratio of 2,879.10 and a beta of 0.56. Cohort plc has a 1 year low of GBX 800 and a 1 year high of GBX 1,796. The company has a quick ratio of 0.93, a current ratio of 1.55 and a debt-to-equity ratio of 37.28. The business has a fifty day moving average of GBX 1,401.32 and a 200 day moving average of GBX 1,363.18.

Cohort (LON:CHRT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The company reported GBX 54.44 EPS for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. On average, sell-side analysts expect that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "buy" rating and issued a GBX 1,630 price target on shares of Cohort in a research note on Wednesday, July 16th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of GBX 1,630.

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.

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