Insider Buying: FDM Group (Holdings) plc (LON:FDM) Insider Purchases 429 Shares of Stock

FDM Group (Holdings) plc (LON:FDM) insider Sheila Flavell purchased 429 shares of the stock in a transaction dated Wednesday, April 9th. The shares were bought at an average price of GBX 233 ($2.98) per share, for a total transaction of £999.57 ($1,277.24).

Sheila Flavell also recently made the following trade(s):

• On Thursday, January 9th, Sheila Flavell bought 338 shares of FDM Group stock. The stock was purchased at an average price of GBX 295 ($3.77) per share, for a total transaction of £997.10 ($1,274.09).

FDM Group Stock Down 3.9 %

FDM Group stock traded down GBX 9 ($0.12) during mid-day trading on Wednesday, hitting GBX 224.50 ($2.87). 630,060 shares of the company’s stock were exchanged, compared to its average volume of 560,133. FDM Group has a 1-year low of GBX 211 ($2.70) and a 1-year high of GBX 472 ($6.03). The stock has a 50 day moving average of GBX 235.75 and a two-hundred day moving average of GBX 300.17. The stock has a market cap of £245.09 million, a P/E ratio of 8.05 and a beta of 0.97. The company has a current ratio of 2.31, a quick ratio of 2.24 and a debt-to-equity ratio of 28.75.

FDM Group (LON:FDM) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 23 ($0.29) earnings per share for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. As a group, analysts anticipate that FDM Group will post 3132.5302111 EPS for the current fiscal year.

FDM Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 5th will be paid a GBX 12.50 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 5%. FDM Group’s payout ratio is presently 104.05%.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday, March 19th.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.