Insider Buying: SThree plc (LON:STEM) Insider Acquires £150.93 in Stock

SThree plc (LON:STEM) insider Andrew Beach bought 39 shares of the business’s stock in a transaction on Monday, August 12th. The shares were acquired at an average price of GBX 387 ($4.94) per share, for a total transaction of £150.93 ($192.71).

Andrew Beach also recently made the following trade(s):

• On Tuesday, July 23rd, Andrew Beach sold 27,504 shares of SThree stock. The stock was sold at an average price of GBX 424 ($5.41), for a total transaction of £116,616.96 ($148,898.06).
• On Wednesday, June 12th, Andrew Beach acquired 36 shares of SThree stock. The stock was acquired at an average price of GBX 427 ($5.45) per share, for a total transaction of £153.72 ($196.27).

SThree Trading Up 1.2 %

Shares of STEM opened at GBX 392.50 ($5.01) on Thursday. The firm has a market cap of £521.83 million, a P/E ratio of 934.52, a price-to-earnings-growth ratio of 0.75 and a beta of 0.96. The company has a debt-to-equity ratio of 13.02, a current ratio of 1.87 and a quick ratio of 1.69. SThree plc has a 1 year low of GBX 330.50 ($4.22) and a 1 year high of GBX 457.50 ($5.84). The company has a 50 day simple moving average of GBX 416.42 and a two-hundred day simple moving average of GBX 423.05.

SThree Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be issued a GBX 5.10 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 1.22%. SThree’s dividend payout ratio is currently 4,047.62%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on STEM shares. Jefferies Financial Group lowered their target price on SThree from GBX 430 ($5.49) to GBX 420 ($5.36) and set a “hold” rating on the stock in a research report on Tuesday, July 16th. Berenberg Bank restated a “buy” rating and set a GBX 550 ($7.02) price objective on shares of SThree in a research report on Tuesday, June 18th.

About SThree

SThree plc provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan. The company offers recruitment services for permanent and contract roles, as well as support services.