Insider Selling: Computacenter (LON:CCC) Insider Sells £8,340.48 in Stock

Computacenter plc (LON:CCC) insider Keith Mortimer sold 181 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of GBX 4,608, for a total transaction of £8,340.48.

Keith Mortimer also recently made the following trade(s):

• On Thursday, July 16th, Keith Mortimer purchased 280 shares of Computacenter stock. The stock was acquired at an average cost of GBX 4,554 per share, for a total transaction of £12,751.20.
• On Thursday, July 16th, Keith Mortimer sold 283 shares of Computacenter stock. The shares were sold at an average price of GBX 4,550, for a total transaction of £12,876.50.
• On Friday, May 8th, Keith Mortimer purchased 203 shares of Computacenter stock. The shares were acquired at an average price of GBX 1,772 per share, for a total transaction of £3,597.16.

Computacenter Stock Up 0.4%

CCC opened at GBX 4,796 on Thursday. The company has a 50 day moving average of GBX 4,443.53 and a 200 day moving average of GBX 3,712.05. The company has a market cap of £5.03 billion, a PE ratio of 32.96, a price-to-earnings-growth ratio of 6.99 and a beta of 0.93. Computacenter plc has a 12 month low of GBX 2,222 and a 12 month high of GBX 4,962. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 22.53.

Wall Street Analysts Forecast Growth

CCC has been the topic of several recent research reports. JPMorgan Chase & Co. upgraded Computacenter to an “overweight” rating and increased their target price for the stock from GBX 4,500 to GBX 5,000 in a research report on Friday, July 10th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,300 price target on shares of Computacenter in a research report on Thursday, July 9th. Finally, Berenberg Bank increased their price objective on Computacenter from GBX 3,450 to GBX 5,300 and gave the stock a “buy” rating in a report on Monday, July 20th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 4,825.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.

Computacenter is a public company quoted on the London FTSE 250 (CCC.L) and employs over 20,000 people worldwide.