The Sage Group plc (SGE) Insider Sells £15,213.20 in Stock
The Sage Group plc (LON:SGE) insider Neil Berkett sold 2,084 shares of the firm’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of GBX 730 ($9.54), for a total transaction of £15,213.20 ($19,878.74).
SGE stock opened at GBX 526.40 ($6.88) on Monday. The Sage Group plc has a 12 month low of GBX 613 ($8.01) and a 12 month high of GBX 825.20 ($10.78).
A number of research firms recently commented on SGE. UBS Group reaffirmed a “neutral” rating and set a GBX 700 ($9.15) price target (down from GBX 740 ($9.67)) on shares of The Sage Group in a research report on Friday, August 3rd. Numis Securities reaffirmed a “hold” rating on shares of The Sage Group in a research report on Friday, August 3rd. Deutsche Bank lowered their price target on shares of The Sage Group from GBX 740 ($9.67) to GBX 630 ($8.23) and set a “hold” rating on the stock in a research report on Friday, August 3rd. Shore Capital reaffirmed a “buy” rating on shares of The Sage Group in a research report on Thursday, August 2nd. Finally, Barclays reaffirmed an “equal weight” rating on shares of The Sage Group in a research report on Tuesday, July 10th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 666.29 ($8.71).
The Sage Group plc provides business management software and services for small and medium sized companies. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. The company serves business owners, bookkeepers, and finance directors.
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