Softcat plc (LON:SCT) Insider Graham Charlton Purchases 9 Shares of Stock

Softcat plc (LON:SCT) insider Graham Charlton acquired 9 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was acquired at an average price of GBX 1,588 ($21.33) per share, for a total transaction of £142.92 ($191.97).

Graham Charlton also recently made the following trade(s):

• On Monday, June 9th, Graham Charlton acquired 9 shares of Softcat stock. The stock was acquired at an average price of GBX 1,815 ($24.38) per share, for a total transaction of £163.35 ($219.41).

Softcat Trading Down 0.0%

Shares of LON SCT opened at GBX 1,587.27 ($21.32) on Tuesday. The firm’s 50 day moving average price is GBX 1,704.38 and its 200-day moving average price is GBX 1,655.48. The company has a market cap of £3.16 billion, a PE ratio of 26.57, a P/E/G ratio of 11.51 and a beta of 0.71. Softcat plc has a 52-week low of GBX 1,427 ($19.17) and a 52-week high of GBX 1,960 ($26.33). The company has a debt-to-equity ratio of 3.48, a quick ratio of 1.38 and a current ratio of 1.60.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Softcat in a report on Friday, July 18th. Shore Capital restated a “buy” rating and issued a GBX 1,950 ($26.19) price objective on shares of Softcat in a report on Friday, August 1st. Finally, Liberum Capital upgraded shares of Softcat to a “buy” rating and set a GBX 1,800 ($24.18) price objective on the stock in a report on Thursday, July 24th.

About Softcat

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.