Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Sells 21,497 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman sold 21,497 shares of the firm’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 778 ($10.07), for a total transaction of £167,246.66 ($216,472.51).

Richard Woodman also recently made the following trade(s):

• On Thursday, January 30th, Richard Woodman sold 259,904 shares of Paragon Banking Group stock. The stock was sold at an average price of GBX 765 ($9.90), for a total transaction of £1,988,265.60 ($2,573,473.47).

Paragon Banking Group Stock Performance

PAG stock opened at GBX 773 ($10.01) on Friday. The stock’s 50 day moving average price is GBX 759.62 and its 200 day moving average price is GBX 747.91. Paragon Banking Group PLC has a 1 year low of GBX 656 ($8.49) and a 1 year high of GBX 868 ($11.23). The firm has a market cap of £1.55 billion, a P/E ratio of 8.34, a PEG ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were paid a dividend of GBX 27.20 ($0.35) per share. This represents a dividend yield of 3.64%. The ex-dividend date was Thursday, February 6th. This is a positive change from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio is currently 43.17%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.