SDL plc (SDL) Insider Buys £30,680 in Stock

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SDL plc (LON:SDL) insider Glenn Collinson acquired 6,500 shares of the company’s stock in a transaction dated Friday, October 12th. The shares were purchased at an average price of GBX 472 ($6.17) per share, for a total transaction of £30,680 ($40,088.85).

SDL stock opened at GBX 455 ($5.95) on Friday. SDL plc has a 12 month low of GBX 333 ($4.35) and a 12 month high of GBX 674.50 ($8.81).

A number of analysts have recently weighed in on SDL shares. Peel Hunt raised their price target on shares of SDL from GBX 500 ($6.53) to GBX 570 ($7.45) and gave the stock an “add” rating in a research report on Monday, August 6th. Canaccord Genuity raised their price target on shares of SDL from GBX 520 ($6.79) to GBX 550 ($7.19) and gave the stock a “buy” rating in a research report on Tuesday, September 18th. Finally, Citigroup raised their price target on shares of SDL from GBX 490 ($6.40) to GBX 535 ($6.99) and gave the stock a “buy” rating in a research report on Tuesday, July 17th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 530 ($6.93).

SDL Company Profile

SDL plc provides content management and language translation services. It operates through Language Services, Language Technologies, and Global Content Technologies segments. The company offers translation services; enterprise, desktop, and statistical machine translation technologies; and content and knowledge management technologies.

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