Alfa Financial Software (LON:ALFA) Insider Chris Sullivan Sells 35,405 Shares

Alfa Financial Software Holdings PLC (LON:ALFA) insider Chris Sullivan sold 35,405 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of GBX 166, for a total transaction of £58,772.30.

Alfa Financial Software Price Performance

LON ALFA traded down GBX 0.60 during trading hours on Tuesday, hitting GBX 163.20. 8,176,584 shares of the company’s stock traded hands, compared to its average volume of 2,136,245. The company has a market capitalization of £485.13 million, a PE ratio of 16.09, a PEG ratio of 4.19 and a beta of 0.23. The company has a debt-to-equity ratio of 17.99, a current ratio of 1.60 and a quick ratio of 1.37. Alfa Financial Software Holdings PLC has a 52-week low of GBX 140.40 and a 52-week high of GBX 252. The firm’s 50-day moving average is GBX 158.25 and its 200-day moving average is GBX 168.40.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ALFA shares. Shore Capital Group upgraded Alfa Financial Software to a “buy” rating and set a GBX 270 price objective on the stock in a research report on Thursday, April 30th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 220 target price on shares of Alfa Financial Software in a report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 255.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.