Insider Buying: CMC Markets Plc (CMCX) Insider Purchases 11,192 Shares of Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg acquired 11,192 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was acquired at an average cost of GBX 170 ($2.29) per share, with a total value of £19,026.40 ($25,607.54).

David Fineberg also recently made the following trade(s):

  • On Friday, November 24th, David Fineberg purchased 22,000 shares of CMC Markets stock. The shares were purchased at an average cost of GBX 177 ($2.38) per share, with a total value of £38,940 ($52,409.15).
  • On Thursday, October 5th, David Fineberg purchased 180 shares of CMC Markets stock. The shares were purchased at an average cost of GBX 166 ($2.23) per share, with a total value of £298.80 ($402.15).

CMC Markets Plc (LON:CMCX) remained flat at $GBX 171.75 ($2.31) during mid-day trading on Tuesday. 129,972 shares of the company traded hands, compared to its average volume of 408,009. CMC Markets Plc has a 1-year low of GBX 90.95 ($1.22) and a 1-year high of GBX 188.10 ($2.53).

The firm also recently announced a dividend, which will be paid on Friday, December 22nd. Stockholders of record on Thursday, November 30th will be issued a GBX 2.98 ($0.04) dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, November 30th.

A number of equities research analysts recently weighed in on CMCX shares. Peel Hunt restated a “buy” rating and set a GBX 205 ($2.76) price objective on shares of CMC Markets in a research report on Thursday, November 23rd. Shore Capital reissued a “hold” rating on shares of CMC Markets in a research note on Thursday, November 23rd. Morgan Stanley raised CMC Markets to an “overweight” rating and upped their price target for the stock from GBX 178 ($2.40) to GBX 180 ($2.42) in a research note on Friday, September 1st. Finally, Numis Securities reaffirmed a “sell” rating and set a GBX 110 ($1.48) price target on shares of CMC Markets in a research note on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 190 ($2.56).

COPYRIGHT VIOLATION WARNING: “Insider Buying: CMC Markets Plc (CMCX) Insider Purchases 11,192 Shares of Stock” was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.chaffeybreeze.com/2017/12/05/insider-buying-cmc-markets-plc-cmcx-insider-purchases-11192-shares-of-stock.html.

About CMC Markets

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

Insider Buying and Selling by Quarter for CMC Markets (LON:CMCX)

Receive News & Ratings for CMC Markets Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Markets Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply