Cohort (LON:CHRT) Insider Sells 39,635 Shares

Cohort plc (LON:CHRT) insider Simon Walther sold 39,635 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of GBX 1,162, for a total value of £460,558.70.

Simon Walther also recently made the following trade(s):

• On Friday, August 14th, Simon Walther sold 24,958 shares of Cohort stock. The shares were sold at an average price of GBX 1,410, for a total value of £351,907.80.
• On Thursday, July 16th, Simon Walther bought 518 shares of Cohort stock. The shares were acquired at an average cost of GBX 1,331 per share, for a total transaction of £6,894.58.
• On Thursday, July 16th, Simon Walther sold 519 shares of Cohort stock. The stock was sold at an average price of GBX 1,331, for a total transaction of £6,907.89.

Cohort Price Performance

Shares of Cohort stock traded up GBX 23.07 during trading hours on Friday, reaching GBX 1,147.07. 44,719 shares of the company’s stock were exchanged, compared to its average volume of 421,508. The business has a fifty day moving average of GBX 1,279.91 and a two-hundred day moving average of GBX 1,267.06. The company has a market capitalization of £527.42 million, a P/E ratio of 22.36 and a beta of 0.34. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. Cohort plc has a 1 year low of GBX 881.10 and a 1 year high of GBX 1,538.

Cohort (LON:CHRT) last posted its quarterly earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share for the quarter. Cohort had a net margin of 7.80% and a return on equity of 13.59%. As a group, research analysts predict that Cohort plc will post 42.7951807 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on CHRT shares. Royal Bank Of Canada boosted their target price on Cohort from GBX 1,740 to GBX 1,760 and gave the stock an “outperform” rating in a report on Friday, July 17th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,630 price objective on shares of Cohort in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 1,300 price objective on shares of Cohort in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,563.33.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.