Key Points
- Graham Charlton sold a total of 25,856 shares in December (9,937 on Dec 11 at GBX 1,429 and 15,919 on Dec 12 at GBX 1,456) but then bought just 10 shares on Jan 7 at GBX 1,380 (≈£138).
- Softcat shares opened at GBX 1,464 (up 4.6%), trade in a 12‑month range of GBX 1,358–1,960, have a market cap of £2.92 billion, and carry an average analyst rating of "Hold" with an average price target of GBX 1,902.22.
Softcat plc (LON:SCT - Get Free Report) insider Graham Charlton acquired 10 shares of the company's stock in a transaction on Wednesday, January 7th. The stock was acquired at an average cost of GBX 1,380 per share, with a total value of £138.
Graham Charlton also recently made the following trade(s):
- On Thursday, December 11th, Graham Charlton sold 9,937 shares of Softcat stock. The shares were sold at an average price of GBX 1,429, for a total value of £141,999.73.
- On Friday, December 12th, Graham Charlton sold 15,919 shares of Softcat stock. The shares were sold at an average price of GBX 1,456, for a total value of £231,780.64.
Softcat Trading Up 4.6%
LON SCT opened at GBX 1,464 on Friday. Softcat plc has a 12 month low of GBX 1,358 and a 12 month high of GBX 1,960. The company's 50-day moving average price is GBX 1,446.98 and its 200-day moving average price is GBX 1,552.94. The stock has a market cap of £2.92 billion, a PE ratio of 22.11, a PEG ratio of 11.51 and a beta of 0.71. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 3.48.
Softcat (LON:SCT - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported GBX 69.50 EPS for the quarter. Softcat had a net margin of 12.37% and a return on equity of 43.79%. Equities research analysts forecast that Softcat plc will post 60.72 earnings per share for the current year.
Analysts Set New Price Targets
Several equities analysts recently issued reports on SCT shares. Deutsche Bank Aktiengesellschaft upgraded shares of Softcat to a "buy" rating and boosted their target price for the company from GBX 1,830 to GBX 1,900 in a research note on Thursday, October 23rd. Peel Hunt reissued a "buy" rating and set a GBX 2,135 target price on shares of Softcat in a research note on Tuesday, November 18th. UBS Group restated a "sell" rating and issued a GBX 1,400 price target on shares of Softcat in a research note on Friday, October 17th. JPMorgan Chase & Co. raised Softcat to an "overweight" rating and raised their price objective for the company from GBX 2,820 to GBX 2,950 in a report on Thursday, December 4th. Finally, Shore Capital reaffirmed a "buy" rating and set a GBX 1,925 target price on shares of Softcat in a research note on Wednesday, October 22nd. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 1,902.22.
Read Our Latest Stock Analysis on Softcat
Softcat Company Profile
(
Get Free Report)
Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.
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