abrdn plc (LON:ABDN) Insider Sells £42,218.22 in Stock

abrdn plc (LON:ABDN) insider Stephen Bird sold 29,942 shares of abrdn stock in a transaction on Thursday, April 11th. The stock was sold at an average price of GBX 141 ($1.76), for a total transaction of £42,218.22 ($52,555.98).

abrdn Trading Up 1.1 %

Shares of ABDN opened at GBX 141.05 ($1.76) on Tuesday. abrdn plc has a 1-year low of GBX 136.20 ($1.70) and a 1-year high of GBX 238 ($2.96). The company has a 50-day moving average of GBX 150.73 and a 200 day moving average of GBX 162.08. The firm has a market capitalization of £2.51 billion, a price-to-earnings ratio of -777.25, a PEG ratio of 12.70 and a beta of 1.30. The company has a debt-to-equity ratio of 16.15, a current ratio of 3.48 and a quick ratio of 24.97.

abrdn Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, March 14th will be issued a dividend of GBX 7.30 ($0.09) per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 4.52%.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of abrdn in a research note on Monday, December 18th.

abrdn Company Profile

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.