Pinewood Technologies Group (LON:PINE) Hits New 1-Year High at $328.05

Pinewood Technologies Group PLC (LON:PINE - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 328.05 ($4.12) and last traded at GBX 328 ($4.12), with a volume of 543074 shares. The stock had previously closed at GBX 319 ($4.01).

Pinewood Technologies Group Trading Up 2.8 %

Pinewood Technologies Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 23rd will be paid a dividend of GBX 24.50 ($0.31) per share. This represents a yield of 62.82%. The ex-dividend date is Tuesday, April 23rd.

Insider Activity

In other Pinewood Technologies Group news, insider William Berman sold 1,462,114 shares of the business's stock in a transaction on Monday, February 19th. The shares were sold at an average price of GBX 35 ($0.44), for a total transaction of £511,739.90 ($642,808.57). Insiders own 24.98% of the company's stock.

Pinewood Technologies Group Company Profile

Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC to February 2024.