Bytes Technology Group plc (LON:BYIT) Insider Andrew Holden Sells 50,664 Shares

Posted by Lauren Steadman on Jun 23rd, 2025

Bytes Technology Group plc (LON:BYIT – Get Free Report) insider Andrew Holden sold 50,664 shares of the firm’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of GBX 512 ($6.87), for a total value of £259,399.68 ($348,234.23).

Bytes Technology Group Stock Down 1.8%

Shares of BYIT stock traded down GBX 9.50 ($0.13) during mid-day trading on Monday, hitting GBX 505.50 ($6.79). The company’s stock had a trading volume of 879,561 shares, compared to its average volume of 1,060,105. Bytes Technology Group plc has a 52-week low of GBX 400 ($5.37) and a 52-week high of GBX 583 ($7.83). The business has a 50-day moving average price of GBX 514.30 and a 200 day moving average price of GBX 469.07. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.98 and a current ratio of 1.09. The stock has a market cap of £1.22 billion, a price-to-earnings ratio of 23.49, a PEG ratio of 2.27 and a beta of 0.65.

Bytes Technology Group (LON:BYIT – Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported GBX 25.07 ($0.34) EPS for the quarter. Bytes Technology Group had a return on equity of 66.59% and a net margin of 25.47%. Research analysts predict that Bytes Technology Group plc will post 11.3463262 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on BYIT. Berenberg Bank raised their price target on Bytes Technology Group from GBX 640 ($8.59) to GBX 660 ($8.86) and gave the stock a “buy” rating in a report on Tuesday, March 18th. Shore Capital reiterated a “buy” rating on shares of Bytes Technology Group in a research report on Wednesday, May 7th.

Get Our Latest Stock Analysis on BYIT

Bytes Technology Group Company Profile

(Get Free Report)

With a 40-year track record, Bytes Technology Group is one of the UK’s leading providers of software, security and cloud services. We enable effective and cost-efficient technology sourcing, adoption and management across software, security, hardware and cloud services.

Our strong relationships with many of the world’s largest software companies enable our specialist staff to deliver the latest technology to a diverse and embedded customer base.