Insider Selling: Craneware plc (LON:CRW) Insider Sells 423,750 Shares of Stock

Craneware plc (LON:CRW) insider Keith Neilson sold 423,750 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 2,200 ($28.77), for a total value of £9,322,500 ($12,191,055.32).

Craneware Stock Performance

Shares of Craneware stock opened at GBX 2,230 ($29.16) on Friday. The company has a market capitalization of £787.64 million, a PE ratio of 8,920.00 and a beta of 0.28. Craneware plc has a 12 month low of GBX 1,340.71 ($17.53) and a 12 month high of GBX 2,509.20 ($32.81). The company has a current ratio of 0.63, a quick ratio of 1.00 and a debt-to-equity ratio of 12.22. The stock’s fifty day simple moving average is GBX 2,311.98 and its 200 day simple moving average is GBX 2,268.88.

Craneware Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 28th will be issued a GBX 16 ($0.21) dividend. This is an increase from Craneware’s previous dividend of $13.00. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, November 28th. Craneware’s dividend payout ratio is 11,600.00%.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,700 ($35.31) target price on shares of Craneware in a research note on Tuesday, September 3rd.

About Craneware

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.