FDM Group (Holdings) PLC (LON:FDM) insider Andrew (Andy) Brown sold 40,000 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of GBX 972 ($12.70), for a total transaction of £388,800 ($508,036.06).

FDM stock opened at GBX 984 ($12.86) on Tuesday. FDM Group has a 12 month low of GBX 721 ($9.42) and a 12 month high of GBX 1,138 ($14.87). The firm has a market capitalization of $1.07 billion and a P/E ratio of 29.11.

The firm also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 23rd will be given a GBX 15.50 ($0.20) dividend. This is an increase from FDM Group’s previous dividend of $14.50. The ex-dividend date is Thursday, May 23rd. This represents a yield of 1.82%. FDM Group’s dividend payout ratio is 0.89%.

FDM has been the subject of several research reports. HSBC upped their price target on shares of FDM Group from GBX 1,010 ($13.20) to GBX 1,040 ($13.59) and gave the company a “buy” rating in a research report on Friday, April 5th. Shore Capital reiterated a “buy” rating on shares of FDM Group in a research report on Wednesday, March 6th.

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About FDM Group

FDM Group (Holdings) plc is a United Kingdom-based company, which is engaged in providing professional services focusing on information technology (IT). Its four geographical operating segments: the United Kingdom and Ireland; North America; Rest of Europe, Middle East and Africa, excluding UK and Ireland (EMEA), and Asia Pacific (APAC).

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