Insider Buying: Van Elle Holdings PLC (VANL) Insider Purchases £13,200 in Stock

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Van Elle Holdings PLC (LON:VANL) insider Adrian Barden acquired 20,000 shares of the company’s stock in a transaction on Tuesday, January 29th. The stock was bought at an average cost of GBX 66 ($0.86) per share, with a total value of £13,200 ($17,248.14).

Shares of LON VANL opened at GBX 67 ($0.88) on Friday. Van Elle Holdings PLC has a fifty-two week low of GBX 75.04 ($0.98) and a fifty-two week high of GBX 115 ($1.50).

The business also recently disclosed a dividend, which will be paid on Wednesday, March 6th. Shareholders of record on Thursday, February 14th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a yield of 1.54%.

Several brokerages have weighed in on VANL. Liberum Capital reaffirmed a “buy” rating and issued a GBX 100 ($1.31) price objective on shares of Van Elle in a report on Monday, December 10th. Peel Hunt cut Van Elle to a “hold” rating and dropped their price objective for the company from GBX 100 ($1.31) to GBX 65 ($0.85) in a report on Wednesday, January 16th.

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About Van Elle

Van Elle Holdings plc, together with its subsidiaries, provides ground engineering services in the United Kingdom. The company offers a range of services, such as auger displacement piling, cased continuous flight auger piling, continuous flight auger piling, design, drilled piling, drilling and grouting, driven piling, foundation testing, ground investigation, rail sheet piling, specialist piling, rock bolt and netting, rotary bored piling, screw piling, and precast modular foundation services, as well as precast modular signal, gantry, and OLE foundation services; specialist on-track rail, restricted access, and highway GI Services; and services in the areas of geothermal boreholes, and ground anchors and soil nails.

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