Insider Buying: Robert Walters PLC (RWA) Insider Buys 5,000 Shares of Stock

Robert Walters PLC (LON:RWA) insider Steven Cooper bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 17th. The stock was acquired at an average cost of GBX 645 ($8.43) per share, with a total value of £32,250 ($42,140.34).

Shares of RWA stock opened at GBX 664 ($8.68) on Friday. Robert Walters PLC has a one year low of GBX 380.50 ($4.97) and a one year high of GBX 692 ($9.04).

Robert Walters (LON:RWA) last announced its quarterly earnings results on Thursday, July 26th. The company reported GBX 21.20 ($0.28) EPS for the quarter. Robert Walters had a net margin of 1.98% and a return on equity of 21.64%.

The company also recently declared a dividend, which will be paid on Friday, October 19th. Shareholders of record on Thursday, September 6th will be paid a GBX 4 ($0.05) dividend. This represents a yield of 0.51%. The ex-dividend date of this dividend is Thursday, September 6th.

A number of brokerages have commented on RWA. Liberum Capital reiterated a “buy” rating on shares of Robert Walters in a research note on Thursday, July 26th. Credit Suisse Group cut their price target on shares of Robert Walters from GBX 850 ($11.11) to GBX 700 ($9.15) and set an “outperform” rating for the company in a research note on Tuesday. Finally, Numis Securities increased their price target on shares of Robert Walters from GBX 800 ($10.45) to GBX 850 ($11.11) and gave the company an “add” rating in a research note on Wednesday, July 11th.

Robert Walters Company Profile

Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy solutions worldwide. The company offers permanent, temporary, contract, and interim recruitment services in the fields of accounting and finance, banking and financial services, engineering, human resources, IT, legal, sales and marketing, secretarial and support, and supply chain.

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