Electrocomponents plc (ECM) Insider Simon Pryce Acquires 10,000 Shares of Stock

Electrocomponents plc (LON:ECM) insider Simon Pryce purchased 10,000 shares of the stock in a transaction dated Friday, December 15th. The shares were acquired at an average price of GBX 607 ($8.17) per share, with a total value of £60,700 ($81,695.83).

Electrocomponents plc (LON ECM) opened at GBX 621.50 ($8.36) on Friday. Electrocomponents plc has a one year low of GBX 464.17 ($6.25) and a one year high of GBX 713.05 ($9.60).

The business also recently declared a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 30th will be paid a GBX 5.25 ($0.07) dividend. This represents a yield of 0.8%. The ex-dividend date is Thursday, November 30th.

ECM has been the subject of several analyst reports. Shore Capital reiterated a “sell” rating on shares of Electrocomponents in a research report on Tuesday, November 14th. Peel Hunt reiterated a “reduce” rating and set a GBX 650 ($8.75) price target on shares of Electrocomponents in a research report on Tuesday, November 14th. Liberum Capital reiterated a “buy” rating and set a GBX 680 ($9.15) price target on shares of Electrocomponents in a research report on Tuesday, November 14th. Numis Securities reiterated an “add” rating and set a GBX 705 ($9.49) price target on shares of Electrocomponents in a research report on Tuesday, November 14th. Finally, reiterated an “add” rating and set a GBX 705 ($9.49) price target on shares of Electrocomponents in a research report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 620.90 ($8.36).

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About Electrocomponents

Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland.

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