Insider Buying: Cohort plc (LON:CHRT) Insider Acquires 2,797 Shares of Stock

Cohort plc (LON:CHRT) insider Andrew Stephen Thomis bought 2,797 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was purchased at an average price of GBX 715 ($8.90) per share, for a total transaction of £19,998.55 ($24,895.49).

Andrew Stephen Thomis also recently made the following trade(s):

• On Monday, April 8th, Andrew Stephen Thomis bought 2,753 shares of Cohort stock. The stock was purchased at an average price of GBX 727 ($9.05) per share, for a total transaction of £20,014.31 ($24,915.11).
• On Wednesday, March 27th, Andrew Stephen Thomis sold 2,944 shares of Cohort stock. The shares were sold at an average price of GBX 680 ($8.47), for a total value of £20,019.20 ($24,921.20).

Cohort Price Performance

Shares of LON CHRT opened at GBX 766 ($9.54) on Thursday. The business’s 50 day moving average price is GBX 612.60 and its 200 day moving average price is GBX 553.96. The firm has a market cap of £318.12 million, a P/E ratio of 2,321.21 and a beta of 0.53. Cohort plc has a 52 week low of GBX 410 ($5.10) and a 52 week high of GBX 770 ($9.59). The company has a quick ratio of 0.93, a current ratio of 1.69 and a debt-to-equity ratio of 32.14.

Cohort Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 13th. Investors of record on Thursday, January 4th were given a GBX 4.70 ($0.06) dividend. The ex-dividend date was Thursday, January 4th. This represents a yield of 0.88%. Cohort’s dividend payout ratio is currently 4,242.42%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Cohort in a research report on Thursday, March 28th.

About Cohort

Cohort plc, through its subsidiaries, provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Africa, North and South America, and the Asia Pacific and Africa. The company offers electro-optical and electro-mechanical systems, such as command, control, communications, computers, intelligence, surveillance, target acquisition, and reconnaissance, as well as combat systems; and communications systems.