Insider Selling: Wilmington (LON:WIL) Insider Sells £293,961.25 in Stock

Wilmington plc (LON:WIL) insider Guy Millward sold 106,895 shares of the stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of GBX 275, for a total value of £293,961.25.

Guy Millward also recently made the following trade(s):

• On Friday, October 2nd, Guy Millward sold 42,359 shares of Wilmington stock. The shares were sold at an average price of GBX 274, for a total value of £116,063.66.

Wilmington Price Performance

Shares of LON:WIL opened at GBX 285 on Friday. The company has a market cap of £255.31 million, a P/E ratio of 23.36, a P/E/G ratio of 1.44 and a beta of 0.30. The business has a fifty day simple moving average of GBX 271.74 and a 200-day simple moving average of GBX 266.55. Wilmington plc has a 52 week low of GBX 230 and a 52 week high of GBX 314. The company has a quick ratio of 0.86, a current ratio of 0.75 and a debt-to-equity ratio of 62.24.

Wilmington (LON:WIL) last released its earnings results on Tuesday, September 29th. The company reported GBX 25.14 earnings per share for the quarter. Wilmington had a return on equity of 10.05% and a net margin of 9.29%. Equities research analysts forecast that Wilmington plc will post 21.53 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on WIL. Berenberg Bank reaffirmed a “buy” rating and set a GBX 485 price target on shares of Wilmington in a research note on Friday, October 23rd. Canaccord Genuity Group boosted their price objective on shares of Wilmington from GBX 445 to GBX 470 and gave the company a “buy” rating in a research note on Thursday, October 1st. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 458.33.

Key Wilmington News

Here are the key news stories impacting Wilmington this week:

• Positive Sentiment: The article cites an overall “Buy” rating from three analysts and an average price target well above the recent share price. These are existing recommendations, rather than newly announced upgrades. Wilmington insider-trading report
• Neutral Sentiment: Most other recent articles mention Wilmington, Delaware, North Carolina, or Massachusetts, rather than Wilmington plc, and do not appear relevant to the company’s share price.
• Negative Sentiment: Insider Guy Millward sold 106,895 shares for approximately £294,000. The sale could concern investors, though an insider transaction alone does not establish a change in the company’s outlook. Wilmington insider-trading report

Wilmington Company Profile

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.