Bernard Kantor Sells 47,229 Shares of Investec plc (LON:INVP) Stock

Investec plc (LON:INVP) insider Bernard Kantor sold 47,229 shares of the business’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of GBX 455 ($5.95), for a total value of £214,891.95 ($280,794.39).

Bernard Kantor also recently made the following trade(s):

  • On Monday, June 10th, Bernard Kantor sold 7,897 shares of Investec stock. The stock was sold at an average price of GBX 473 ($6.18), for a total value of £37,352.81 ($48,808.06).
  • On Friday, May 31st, Bernard Kantor sold 9,579 shares of Investec stock. The stock was sold at an average price of GBX 456 ($5.96), for a total value of £43,680.24 ($57,075.97).

INVP traded up GBX 3.60 ($0.05) during midday trading on Friday, reaching GBX 511 ($6.68). 1,152,670 shares of the company’s stock traded hands, compared to its average volume of 2,160,000. The firm has a fifty day moving average price of GBX 480.69. The company has a market cap of $3.38 billion and a PE ratio of 10.04. Investec plc has a 52 week low of GBX 420 ($5.49) and a 52 week high of GBX 577 ($7.54).

The company also recently announced a dividend, which will be paid on Monday, August 12th. Stockholders of record on Thursday, July 25th will be given a GBX 13.50 ($0.18) dividend. The ex-dividend date is Thursday, July 25th. This represents a dividend yield of 2.78%. This is a positive change from Investec’s previous dividend of $11.00. Investec’s dividend payout ratio is currently 0.47%.

Separately, Numis Securities reissued a “hold” rating and issued a GBX 482 ($6.30) target price on shares of Investec in a research note on Thursday, May 16th.

About Investec

Investec plc, a specialist bank and asset manager, provides various financial products and services in the United Kingdom, South Africa, Australia, other European countries, Hong Kong, India, Mauritius, the United States, and internationally. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking.

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Insider Buying and Selling by Quarter for Investec (LON:INVP)

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