Majestic Wine PLC (LON:WINE) insider Brian Gregory Hodder purchased 3,600 shares of the business’s stock in a transaction dated Tuesday, June 20th. The shares were purchased at an average cost of GBX 331 ($4.37) per share, for a total transaction of £11,916 ($15,718.24).

Majestic Wine PLC (WINE) opened at 332.50 on Friday. Majestic Wine PLC has a 52 week low of GBX 273.25 and a 52 week high of GBX 440.25. The firm’s market cap is GBX 235.32 million. The stock’s 50 day moving average price is GBX 322.84 and its 200 day moving average price is GBX 344.89.

The company also recently disclosed a dividend, which was paid on Friday, July 28th. Investors of record on Thursday, June 22nd were issued a dividend of GBX 3.60 ($0.05) per share. This is an increase from Majestic Wine PLC’s previous dividend of $1.50. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a dividend yield of 1.03%.

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Several equities analysts have recently issued reports on the company. Investec reaffirmed a “buy” rating and set a GBX 450 ($5.94) price target on shares of Majestic Wine PLC in a research note on Thursday, June 15th. Peel Hunt lowered Majestic Wine PLC to a “sell” rating and set a GBX 300 ($3.96) price target on the stock. in a research note on Thursday, June 15th. Liberum Capital upped their price target on Majestic Wine PLC from GBX 465 ($6.13) to GBX 500 ($6.60) and gave the company a “buy” rating in a research note on Thursday, June 15th. Shore Capital lowered Majestic Wine PLC to a “hold” rating in a research note on Thursday, June 15th. Finally, Canaccord Genuity upped their price target on Majestic Wine PLC from GBX 290 ($3.83) to GBX 306 ($4.04) and gave the company a “sell” rating in a research note on Thursday, May 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Majestic Wine PLC currently has a consensus rating of “Hold” and an average target price of GBX 375.20 ($4.95).

Majestic Wine PLC Company Profile

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Insider Buying and Selling by Quarter for Majestic Wine PLC (LON:WINE)

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