Insider Selling: Warpaint London PLC (LON:W7L) Insider Sells £15,750,000 in Stock

Warpaint London PLC (LON:W7L) insider Samuel Bazini sold 3,500,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of GBX 450 ($5.65), for a total transaction of £15,750,000 ($19,783,946.74).

Warpaint London Stock Performance

W7L opened at GBX 473 ($5.94) on Monday. Warpaint London PLC has a fifty-two week low of GBX 230 ($2.89) and a fifty-two week high of GBX 506 ($6.36). The stock has a market capitalization of £365.44 million, a price-to-earnings ratio of 4,363.64 and a beta of 0.73. The company has a fifty day moving average of GBX 421.72 and a 200 day moving average of GBX 379.14. The company has a debt-to-equity ratio of 12.49, a quick ratio of 1.56 and a current ratio of 3.53.

Warpaint London Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 13th will be issued a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from Warpaint London’s previous dividend of $3.00. This represents a dividend yield of 1.28%. Warpaint London’s payout ratio is 7,272.73%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on W7L shares. Shore Capital reaffirmed a “house stock” rating on shares of Warpaint London in a research note on Wednesday, April 24th. Berenberg Bank started coverage on shares of Warpaint London in a research note on Wednesday, April 17th. They set a “buy” rating and a GBX 550 ($6.91) target price for the company.

Warpaint London Company Profile

Warpaint London PLC, together with its subsidiaries, provides color cosmetics. It operates through two segments, Branded and Close-Out. The company offers its cosmetic skincare products under the W7, Technic, Man'stuff, Body Collection, Very Vegan, and Chit Chat brand names. It also provides supply chain management services.