Cranswick plc (CWK) Insider Mark Bottomley Sells 875 Shares

Cranswick plc (LON:CWK) insider Mark Bottomley sold 875 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of GBX 3,054 ($42.19), for a total value of £26,722.50 ($36,919.73).

Mark Bottomley also recently made the following trade(s):

  • On Wednesday, January 17th, Mark Bottomley bought 618 shares of Cranswick stock. The shares were acquired at an average price of GBX 3,213 ($44.39) per share, for a total transaction of £19,856.34 ($27,433.46).

Cranswick plc (CWK) traded up GBX 12 ($0.17) during mid-day trading on Tuesday, reaching GBX 3,078 ($42.53). The company had a trading volume of 60,620 shares, compared to its average volume of 59,631. Cranswick plc has a fifty-two week low of GBX 2,300 ($31.78) and a fifty-two week high of GBX 3,497.81 ($48.33). The firm has a market cap of $1,570.00 and a P/E ratio of 2,349.62.

Cranswick (LON:CWK) last issued its quarterly earnings data on Tuesday, November 28th. The company reported GBX 70 ($0.97) EPS for the quarter, topping the consensus estimate of GBX 67.20 ($0.93) by GBX 2.80 ($0.04). The firm had revenue of £714.60 million during the quarter. Cranswick had a return on equity of 16.34% and a net margin of 4.98%.

The business also recently disclosed a dividend, which was paid on Friday, January 26th. Stockholders of record on Thursday, December 7th were paid a GBX 15.10 ($0.21) dividend. This represents a dividend yield of 0.48%. The ex-dividend date of this dividend was Thursday, December 7th.

Several equities research analysts recently commented on the company. Numis Securities upped their target price on Cranswick from GBX 3,350 ($46.28) to GBX 3,450 ($47.67) and gave the company an “add” rating in a research report on Thursday, February 1st. Peel Hunt upped their price target on Cranswick from GBX 2,800 ($38.68) to GBX 3,000 ($41.45) and gave the stock a “hold” rating in a research note on Thursday, February 1st. Liberum Capital reaffirmed a “hold” rating and set a GBX 3,300 ($45.59) price target on shares of Cranswick in a research note on Thursday, February 1st. Berenberg Bank upped their price target on Cranswick from GBX 3,450 ($47.67) to GBX 3,525 ($48.70) and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 28th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 3,195 ($44.14).

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Cranswick Company Profile

Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.

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