Pearson plc (PSON) Insider Melinda Wolfe Sells 25,746 Shares of Stock
Pearson plc (LON:PSON) insider Melinda Wolfe sold 25,746 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of GBX 759 ($9.91), for a total transaction of £195,412.14 ($255,073.93).
Pearson plc (LON:PSON) opened at 802.50 on Wednesday. Pearson plc has a one year low of GBX 644.50 and a one year high of GBX 1,227.00. The firm’s market cap is GBX 6.54 billion. The company has a 50-day moving average of GBX 819.31 and a 200 day moving average of GBX 856.91.
The company also recently announced a dividend, which was paid on Friday, September 16th. Investors of record on Thursday, August 18th were issued a dividend of GBX 18 ($0.23) per share. This represents a yield of 2.04%. The ex-dividend date of this dividend was Thursday, August 18th.
PSON has been the subject of a number of recent analyst reports. Panmure Gordon reissued a “buy” rating and set a GBX 870 ($11.36) target price on shares of Pearson plc in a research note on Wednesday, June 15th. Societe Generale reaffirmed a “buy” rating and issued a GBX 965 ($12.60) price objective on shares of Pearson plc in a research note on Wednesday, June 22nd. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 975 ($12.73) price objective on shares of Pearson plc in a research note on Wednesday, July 27th. Beaufort Securities reaffirmed a “buy” rating on shares of Pearson plc in a research note on Monday, August 1st. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a GBX 925 ($12.07) price objective on shares of Pearson plc in a research note on Wednesday, June 15th. Seven investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 915.14 ($11.95).
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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