Aptitude Software Group (LON:APTD) Sets New 52-Week Low Following Insider Selling

Shares of Aptitude Software Group plc (LON:APTD – Get Rating) reached a new 52-week low during trading on Thursday following insider selling activity. The stock traded as low as GBX 310 ($3.86) and last traded at GBX 310 ($3.86), with a volume of 321090 shares changing hands. The stock had previously closed at GBX 321 ($3.99).

Specifically, insider Jeremy Suddards sold 924 shares of the company’s stock in a transaction on Friday, April 21st. The shares were sold at an average price of GBX 357 ($4.44), for a total value of £3,298.68 ($4,102.84). In related news, insider Philip Wood ACA sold 9,652 shares of the stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of GBX 331 ($4.12), for a total transaction of £31,948.12 ($39,736.47). Also, insider Jeremy Suddards sold 924 shares of the stock in a transaction on Friday, April 21st. The stock was sold at an average price of GBX 357 ($4.44), for a total transaction of £3,298.68 ($4,102.84). In the last quarter, insiders have sold 10,691 shares of company stock worth $3,564,125. 11.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 615 ($7.65) price objective on shares of Aptitude Software Group in a research report on Wednesday, May 17th.

Aptitude Software Group Trading Down 2.3 %

The stock has a market capitalization of £177.75 million, a price-to-earnings ratio of 7,750.00 and a beta of 0.42. The company’s 50-day moving average is GBX 358.34 and its 200-day moving average is GBX 359.51. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 22.04.

Aptitude Software Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 16th. Shareholders of record on Thursday, May 25th will be paid a dividend of GBX 3.60 ($0.04) per share. This represents a yield of 1%. The ex-dividend date of this dividend is Thursday, May 25th. This is a positive change from Aptitude Software Group’s previous dividend of $1.80. Aptitude Software Group’s dividend payout ratio (DPR) is 12,500.00%.

Aptitude Software Group Company Profile

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Aptitude Software Group plc, together with its subsidiaries, provides finance digitalization and subscription management software in the United Kingdom and internationally. It provides subscription management and billing; revenue management; and aptitude compliance solutions; and Aptitude Accounting Hub, centralizing and automating finance, accounting and reporting processes.