Insider Selling: Darktrace plc (LON:DARK) Insider Sells 575,000 Shares of Stock

Darktrace plc (LON:DARKGet Rating) insider Poppy Gustafsson sold 575,000 shares of the business’s stock in a transaction on Friday, April 29th. The shares were sold at an average price of GBX 410 ($5.12), for a total value of £2,357,500 ($2,945,034.35).

Shares of DARK opened at GBX 437.30 ($5.46) on Friday. The stock has a fifty day moving average price of GBX 438.66 and a two-hundred day moving average price of GBX 463.06. The company has a debt-to-equity ratio of 12.37, a quick ratio of 1.75 and a current ratio of 1.82. Darktrace plc has a 52-week low of GBX 3.92 ($0.05) and a 52-week high of GBX 1,003 ($12.53). The company has a market cap of £3.06 billion and a price-to-earnings ratio of -35.55.

Several analysts recently commented on DARK shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,000 ($12.49) price target on shares of Darktrace in a research note on Wednesday, April 13th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 473 ($5.91) price target on shares of Darktrace in a research note on Friday, February 11th. Finally, JPMorgan Chase & Co. started coverage on Darktrace in a research note on Tuesday, April 5th. They issued an “underweight” rating and a GBX 400 ($5.00) price target on the stock.

About Darktrace (Get Rating)

Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Canada, Europe, and internationally. Its products include Enterprise Immune System to discover unpredictable cyber-threats; Industrial Immune System to detect novel threats and vulnerabilities, as well as safeguard the integrity and resilience of industrial technologies; and Cyber AI Analyst, an AI investigation technology, which automatically triages, interprets, and reports scope of security incidents.

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