Insider Selling: Georgia Capital (LON:CGEO) Insider Sells 126,420 Shares of Stock

Key Points

• Irakli Giluari, an insider at Georgia Capital PLC, sold 126,420 shares on August 14th for a total value of approximately £301.49 million ($407.92 million).
• On August 11th to 13th, Giluari also sold a combined total of 106,332 shares at varying prices, adding to his significant insider sales activity.
• Georgia Capital's stock was trading at GBX 2,365 ($32.00) after a slight decrease, with a market cap of £916.49 million and a price-to-earnings ratio of 5.84.

Georgia Capital PLC (LON:CGEO - Get Free Report) insider Irakli Giluari sold 126,420 shares of the stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of £2,384,842, for a total transaction of £301,491,725,640.

Irakli Giluari also recently made the following trade(s):

• On Friday, August 15th, Irakli Giluari sold 60,902 shares of Georgia Capital stock. The shares were sold at an average price of GBX 2,424, for a total value of £1,476,264.48.
• On Wednesday, August 13th, Irakli Giluari sold 56,092 shares of Georgia Capital stock. The shares were sold at an average price of GBX 2,349, for a total value of £1,317,601.08.
• On Monday, August 11th, Irakli Giluari sold 5,000 shares of Georgia Capital stock. The stock was sold at an average price of GBX 2,347, for a total value of £117,350.
• On Tuesday, August 12th, Irakli Giluari sold 45,240 shares of Georgia Capital stock. The shares were sold at an average price of GBX 2,348, for a total transaction of £1,062,235.20.

Georgia Capital Stock Down 0.4%

CGEO stock traded down GBX 10 during midday trading on Wednesday, reaching GBX 2,335. 103,379 shares of the company's stock traded hands, compared to its average volume of 115,857. The company has a market cap of £904.86 million, a price-to-earnings ratio of 5.76 and a beta of 1.18. The firm's fifty day moving average price is GBX 2,083.50 and its 200-day moving average price is GBX 1,733.93. Georgia Capital PLC has a 52 week low of GBX 890 and a 52 week high of GBX 2,500.

Georgia Capital (LON:CGEO - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported GBX 0.08 earnings per share for the quarter. Georgia Capital had a net margin of 58.75% and a return on equity of 4.87%. Analysts forecast that Georgia Capital PLC will post 260.9999942 earnings per share for the current year.

About Georgia Capital

Georgia Capital PLC (“Georgia Capital” or “the Group” or “GCAP”– LSE: CGEO LN) is a platform for buying, building and developing businesses in Georgia with holdings in sectors that are expected to benefit from the continued growth and further diversification of the Georgian economy. The Group's focus is typically on larger-scale investment opportunities in Georgia, which have the potential to reach at least GEL 300 million equity value over 3-5 years from the initial investment and to monetise them through exits, as investments mature.