Ashtead Technology Holdings Plc (LON:AT) Insider Ingrid Stewart Sells 82,471 Shares

Ashtead Technology Holdings Plc (LON:AT) insider Ingrid Stewart sold 82,471 shares of Ashtead Technology stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of GBX 743 ($9.18), for a total value of £612,759.53 ($756,867.01).

Ashtead Technology Price Performance

The company has a fifty day moving average price of GBX 729.66 and a 200-day moving average price of GBX 616.87. Ashtead Technology Holdings Plc has a fifty-two week low of GBX 310 ($3.83) and a fifty-two week high of GBX 791 ($9.77). The company has a quick ratio of 1.46, a current ratio of 1.56 and a debt-to-equity ratio of 38.53. The firm has a market cap of £593.23 million, a price-to-earnings ratio of 3,533.33 and a beta of 0.32.

Ashtead Technology Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 2nd will be issued a GBX 1.10 ($0.01) dividend. The ex-dividend date is Thursday, May 2nd. This is a boost from Ashtead Technology’s previous dividend of $1.00. This represents a yield of 0.15%. Ashtead Technology’s dividend payout ratio is currently 476.19%.

Analyst Ratings Changes

Separately, Berenberg Bank lifted their price target on Ashtead Technology from GBX 700 ($8.65) to GBX 775 ($9.57) and gave the stock a “buy” rating in a report on Tuesday, April 16th.

Ashtead Technology Company Profile

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. It offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products; mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and driver tooling, intervention skids, topside support, recovery tools, pumps, reels, ancillary deck equipment, and fabrication solutions; and asset integrity solutions, including imaging and inspection, oceanographic, marine growth removal, monitoring, mooring and riser inspection, environmental monitoring, offshore construction and life of asset monitoring, offshore wind foundation inspection, analysis, 3D imaging and metrology, and remote operations.