Shares of CMC Markets Plc (LON:CMCX – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 787 and last traded at GBX 757, with a volume of 4835251 shares traded. The stock had previously closed at GBX 785.
Wall Street Analyst Weigh In
Several equities analysts have commented on CMCX shares. Royal Bank Of Canada increased their target price on CMC Markets from GBX 460 to GBX 760 and gave the company an “outperform” rating in a research report on Monday, August 17th. Jefferies Financial Group restated a “buy” rating and set a GBX 500 price target on shares of CMC Markets in a report on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 462.50.
Check Out Our Latest Analysis on CMCX
CMC Markets Price Performance
Insider Buying and Selling at CMC Markets
In related news, insider Peter Cruddas sold 23,850 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of GBX 703, for a total transaction of £167,665.50. Also, insider Laurence Booth sold 155,138 shares of CMC Markets stock in a transaction dated Friday, July 24th. The stock was sold at an average price of GBX 713, for a total value of £1,106,133.94. Over the last ninety days, insiders have sold 197,827 shares of company stock valued at $141,207,770. 64.83% of the stock is owned by corporate insiders.
About CMC Markets
CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering.
The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.
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