Solid State (LON:SOLI) Insider Sells 23,176 Shares of Stock

Key Points

• Insider activity: Peter Owen James sold 23,176 Solid State shares for approximately £38,009, while also making several purchases totaling about 35,228 shares across October 5–6.
• Stock performance: Solid State shares fell 1.8% to GBX 163 during Tuesday trading, with 129,195 shares changing hands—above the average volume.
• Analyst outlook: Berenberg raised its price target from GBX 245 to GBX 275 and maintained a “Buy” rating; the stock has a consensus “Buy” rating and a GBX 275 target.

Solid State plc (LON:SOLI - Get Free Report) insider Peter Owen James sold 23,176 shares of the firm's stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of GBX 164, for a total transaction of £38,008.64.

Peter Owen James also recently made the following trade(s):

• On Monday, October 5th, Peter Owen James purchased 11,932 shares of Solid State stock. The stock was purchased at an average price of GBX 167 per share, with a total value of £19,926.44.
• On Monday, October 5th, Peter Owen James acquired 12,043 shares of Solid State stock. The shares were purchased at an average price of GBX 166 per share, for a total transaction of £19,991.38.
• On Monday, October 5th, Peter Owen James bought 5,399 shares of Solid State stock. The stock was purchased at an average price of GBX 167 per share, with a total value of £9,016.33.
• On Monday, October 5th, Peter Owen James purchased 5,409 shares of Solid State stock. The shares were purchased at an average price of GBX 166 per share, for a total transaction of £8,978.94.
• On Tuesday, October 6th, Peter Owen James acquired 225 shares of Solid State stock. The stock was purchased at an average price of GBX 166 per share, with a total value of £373.50.
• On Tuesday, October 6th, Peter Owen James acquired 220 shares of Solid State stock. The stock was acquired at an average cost of GBX 166 per share, with a total value of £365.20.
• On Monday, October 5th, Peter Owen James sold 12,050 shares of Solid State stock. The stock was sold at an average price of GBX 166, for a total transaction of £20,003.

Solid State Stock Down 1.8%

Solid State stock traded down GBX 3 during midday trading on Tuesday, hitting GBX 163. 129,195 shares of the company's stock were exchanged, compared to its average volume of 100,099. The company has a debt-to-equity ratio of 25.35, a quick ratio of 0.98 and a current ratio of 2.29. The company has a market cap of £92.47 million, a PE ratio of 22.96 and a beta of 0.86. The firm has a 50-day moving average of GBX 181.77 and a two-hundred day moving average of GBX 177.29. Solid State plc has a 12 month low of GBX 135 and a 12 month high of GBX 215.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price objective on Solid State from GBX 245 to GBX 275 and gave the company a "buy" rating in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Solid State has an average rating of "Buy" and a consensus price target of GBX 275.

Solid State Company Profile

Solid State plc AIM: SOLI is a leading value-added electronics group supplying commercial, industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor to the edge of space, ensuring the smooth operation of systems that augment our everyday lives. The company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays. Operating through two divisions (systems and components) the group thrives on complex engineering challenges, often requiring design-in support and component sourcing.

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