Computacenter plc (LON:CCC) Insider Michael J. Norris Sells 117,223 Shares

Computacenter plc (LON:CCC) insider Michael J. Norris sold 117,223 shares of the business’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of GBX 2,468 ($32.70), for a total value of £2,893,063.64 ($3,832,887.71).

Computacenter Price Performance

Shares of LON:CCC opened at GBX 2,524 ($33.44) on Friday. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31. The firm has a market cap of £2.68 billion, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The business has a 50-day simple moving average of GBX 2,375.02 and a two-hundred day simple moving average of GBX 2,258.77. Computacenter plc has a fifty-two week low of GBX 2,020 ($26.76) and a fifty-two week high of GBX 3,004 ($39.80).

Computacenter (LON:CCC) last posted its earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.14) EPS for the quarter. Computacenter had a net margin of 2.64% and a return on equity of 17.61%. On average, analysts expect that Computacenter plc will post 187.5 earnings per share for the current year.

Computacenter Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, June 5th will be paid a GBX 474 ($6.28) dividend. This represents a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, June 5th. This is a boost from Computacenter’s previous dividend of $23.30. Computacenter’s dividend payout ratio is 47.51%.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,425 ($32.13) price target on shares of Computacenter in a research report on Tuesday, March 18th.

About Computacenter

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.