Insider Buying: FDM Group (Holdings) plc (LON:FDM) Insider Buys 427 Shares of Stock

FDM Group (Holdings) plc (LON:FDM) insider Roderick (Rod) Flavell acquired 427 shares of FDM Group stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of GBX 234 ($3.11) per share, with a total value of £999.18 ($1,329.23).

FDM Group Price Performance

Shares of LON FDM opened at GBX 238.50 ($3.17) on Friday. The stock has a fifty day moving average price of GBX 233.73 and a 200 day moving average price of GBX 273.93. FDM Group has a 1-year low of GBX 211 ($2.81) and a 1-year high of GBX 472 ($6.28). The company has a debt-to-equity ratio of 28.75, a current ratio of 2.31 and a quick ratio of 2.24. The company has a market cap of £260.38 million, a PE ratio of 8.56 and a beta of 0.97.

FDM Group (LON:FDM) last issued its earnings results on Thursday, March 20th. The company reported GBX 23 ($0.31) earnings per share for the quarter. FDM Group had a net margin of 10.34% and a return on equity of 42.26%. Sell-side analysts forecast that FDM Group will post 3132.5302111 EPS for the current year.

FDM Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 5th will be given a dividend of GBX 12.50 ($0.17) per share. This represents a yield of 5%. The ex-dividend date is Thursday, June 5th. FDM Group’s payout ratio is 104.05%.

Analysts Set New Price Targets

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

FDM Group Company Profile

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.