Investec PLC (LON:INVP) insider Glynn Burger sold 160,933 shares of the company’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of GBX 571 ($7.89), for a total transaction of £918,927.43 ($1,269,587.50).
Shares of Investec stock opened at GBX 555.60 ($7.68) on Friday. The firm has a market cap of $6,020.00 and a PE ratio of 1,157.50. Investec PLC has a 52 week low of GBX 451.20 ($6.23) and a 52 week high of GBX 649.40 ($8.97).
Separately, Numis Securities reaffirmed a “hold” rating and set a GBX 578 ($7.99) price objective on shares of Investec in a research report on Monday, March 19th.
COPYRIGHT VIOLATION WARNING: This news story was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of international copyright & trademark laws. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3297790/investec-plc-invp-insider-sells-918927-43-in-stock.html.
Investec plc, a specialist bank and asset manager, provides various financial products and services in the United Kingdom, South Africa, Australia, other European countries, Asia, and internationally. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking. The Asset Management division offers active investment products and services to institutional, advisory clients, and individuals.
Receive News & Ratings for Investec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investec and related companies with MarketBeat.com's FREE daily email newsletter.