Softcat (LON:SCT) Insider Graham Charlton Acquires 13 Shares of Stock

Softcat plc (LON:SCT) insider Graham Charlton bought 13 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was bought at an average cost of GBX 1,172 per share, with a total value of £152.36.

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

• On Wednesday, January 7th, Graham Charlton purchased 10 shares of Softcat stock. The shares were bought at an average cost of GBX 1,380 per share, for a total transaction of £138.
• On Thursday, December 11th, Graham Charlton sold 9,937 shares of Softcat stock. The stock was sold at an average price of GBX 1,429, for a total transaction of £141,999.73.
• On Friday, December 12th, Graham Charlton sold 15,919 shares of Softcat stock. The shares were sold at an average price of GBX 1,456, for a total transaction of £231,780.64.

Softcat Stock Performance

Shares of Softcat stock opened at GBX 1,146 on Wednesday. Softcat plc has a fifty-two week low of GBX 1,135 and a fifty-two week high of GBX 1,960. The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38. The firm has a market capitalization of £2.27 billion, a P/E ratio of 17.31, a P/E/G ratio of 11.51 and a beta of 0.71. The company’s 50 day moving average price is GBX 1,408.41 and its two-hundred day moving average price is GBX 1,504.17.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on SCT shares. Peel Hunt restated a “buy” rating and set a GBX 2,135 price objective on shares of Softcat in a research report on Tuesday, November 18th. Shore Capital Group restated a “buy” rating and set a GBX 1,925 price target on shares of Softcat in a report on Wednesday, October 22nd. UBS Group reaffirmed a “sell” rating and issued a GBX 1,400 price objective on shares of Softcat in a research note on Friday, October 17th. Jefferies Financial Group lifted their target price on shares of Softcat from GBX 1,400 to GBX 1,450 and gave the stock an “underperform” rating in a research report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. raised shares of Softcat to an “overweight” rating and boosted their target price for the stock from GBX 2,820 to GBX 2,950 in a report on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 1,902.22.

Softcat Company Profile

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. It also offers public cloud, collaboration, connectivity, data centre and private cloud, devices, and financial solution services. In addition, the company provides IT asset management, lifecycle solutions, modern management, security, software licensing, supply chain operation, and virtual desktop and application.