Insider Buying: Zotefoams (ZTF) Insider Purchases 27 Shares of Stock

Zotefoams (LON:ZTF) insider Gary McGrath bought 27 shares of the company’s stock in a transaction that occurred on Wednesday, April 11th. The shares were bought at an average price of GBX 558 ($7.89) per share, with a total value of £150.66 ($212.95).

Gary McGrath also recently made the following trade(s):

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  • On Monday, February 12th, Gary McGrath bought 35 shares of Zotefoams stock. The shares were bought at an average price of GBX 428 ($6.05) per share, with a total value of £149.80 ($211.73).

Zotefoams stock opened at GBX 556 ($7.86) on Monday. Zotefoams has a 52-week low of GBX 280 ($3.96) and a 52-week high of GBX 532 ($7.52).

The firm also recently declared a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 19th will be paid a dividend of GBX 4.02 ($0.06) per share. This is an increase from Zotefoams’s previous dividend of $1.91. The ex-dividend date is Thursday, April 19th. This represents a yield of 0.76%.

A number of equities analysts recently weighed in on ZTF shares. Canaccord Genuity upped their target price on shares of Zotefoams from GBX 550 ($7.77) to GBX 570 ($8.06) and gave the stock a “buy” rating in a research report on Wednesday, March 14th. Peel Hunt upped their price target on shares of Zotefoams from GBX 360 ($5.09) to GBX 575 ($8.13) and gave the company an “add” rating in a research note on Monday, April 9th.

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About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polymer foam in the United Kingdom and Eire, Continental Europe, North America, and internationally. The company operates through Polyolefins, High-Performance Products (HPP), and MuCell Extrusion LLC (MEL) segments. It offers AZOTE family of polyolefin foams under the Plastazote, Evazote, and Supazote brands; ZOTEK range of high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK F, ZOTEK N, and ZOTEK PEBA brand names.

Insider Buying and Selling by Quarter for Zotefoams (LON:ZTF)

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