Michael Jackson Sells 246,000 Shares of Netcall plc (LON:NET) Stock

Key Points

• Netcall plc insider Michael Jackson recently sold a total of 666,000 shares, including 246,000 shares on July 28 at an average price of GBX 120, bringing the total sale value to approximately £295,200.
• The company's shares traded down to GBX 118.25, with analysts providing target prices that range from GBX 130 to GBX 155, maintaining a "buy" rating on the stock.
• Netcall has a market cap of £195.46 million and operates in the Intelligent Automation and Customer Engagement software sector, serving various industries including healthcare and government.

Netcall plc (LON:NET - Get Free Report) insider Michael Jackson sold 246,000 shares of the stock in a transaction dated Monday, July 28th. The stock was sold at an average price of GBX 120 ($1.59), for a total value of £295,200 ($391,408.11).

Michael Jackson also recently made the following trade(s):

• On Tuesday, July 22nd, Michael Jackson sold 420,000 shares of Netcall stock. The shares were sold at an average price of GBX 119 ($1.58), for a total value of £499,800 ($662,688.94).

Netcall Stock Up 3.0%

LON:NET traded up GBX 3.50 ($0.05) on Wednesday, hitting GBX 121.50 ($1.61). 1,294,353 shares of the company's stock were exchanged, compared to its average volume of 353,521. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.22 and a quick ratio of 0.88. The firm has a 50-day moving average price of GBX 113.68 and a 200-day moving average price of GBX 111.18. The company has a market cap of £200.83 million, a P/E ratio of 34.22 and a beta of 0.23. Netcall plc has a 52 week low of GBX 81 ($1.07) and a 52 week high of GBX 125 ($1.66).

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NET shares. Canaccord Genuity Group restated a "buy" rating and set a GBX 130 ($1.72) price objective on shares of Netcall in a research note on Tuesday, July 22nd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 155 ($2.06) price target on shares of Netcall in a research note on Tuesday, July 22nd.

About Netcall

Netcall is a leading provider of Intelligent Automation and Customer Engagement software enabling customers to digitally transform their businesses faster and more efficiently, empowering them to become leaner, more customer-centric organisations. Netcall achieves this through its industry-leading Liberty Platform which provides a tightly integrated suite of low-code, customer engagement and contact centre solutions, helping organisations to manage and improve customer experience, effortlessly. The Group's customers span enterprise, healthcare and government sectors including two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, Aon and Santander.