Andrew Paul Wass Sells 400,000 Shares of Gear4music Holdings PLC (G4M) Stock
Gear4music Holdings PLC (LON:G4M) insider Andrew Paul Wass sold 400,000 shares of Gear4music Holdings PLC stock in a transaction on Tuesday, October 18th. The stock was sold at an average price of GBX 300 ($3.66), for a total transaction of £1,200,000 ($1,462,522.85).
Gear4music Holdings PLC (LON:G4M) traded up 14.72% during midday trading on Tuesday, hitting GBX 362.50. 4,775,491 shares of the stock traded hands. The company has a 50-day moving average price of GBX 244.61 and a 200 day moving average price of GBX 162.01. The stock’s market cap is GBX 73.07 million. Gear4music Holdings PLC has a one year low of GBX 96.00 and a one year high of GBX 370.00.
Separately, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 200 ($2.44) price target on shares of Gear4music Holdings PLC in a report on Tuesday, September 6th.
Gear4music Holdings PLC Company Profile
Gear4music (Holdings) plc is engaged in the online retailing of musical instruments and equipment. The Company sells its own-brand musical instruments and music equipment alongside with other brands. The Company offers over 1,500 products, which are sold under approximately eight brands, including Gear4music; Archer, which offers string instruments, such as violins, cellos, violas and double bass; Redsub, which offers bass guitar amplifiers and pedals; SubZero, which offers guitars, amplifiers, mixers, speakers and audio electronics; Minster, which offers digital pianos; Rosedale, which offers woodwind instruments, such as clarinets, flutes, oboes and piccolos, and Brass Instruments, which offers trumpets, trombones, tubas and French horns.
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