XLMedia PLC (LON:XLM) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 198 ($2.65) and last traded at GBX 198 ($2.65), with a volume of 935880 shares changing hands. The stock had previously closed at GBX 198 ($2.65).

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 170 ($2.28) target price on shares of XLMedia in a report on Monday, August 14th.

In related news, insider Ory Weihs bought 30,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average cost of GBX 161 ($2.16) per share, for a total transaction of £48,300 ($64,684.61). Over the last 90 days, insiders purchased 308,540 shares of company stock valued at $44,800,560.

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XLMedia Company Profile

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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