Michael Danson Sells 2,000,000 Shares of GlobalData Plc (LON:DATA) Stock

GlobalData Plc (LON:DATA) insider Michael Danson sold 2,000,000 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.43), for a total value of £3,900,000 ($4,854,368.93).

GlobalData Stock Down 1.7 %

Shares of LON DATA opened at GBX 197.50 ($2.46) on Thursday. GlobalData Plc has a one year low of GBX 168.06 ($2.09) and a one year high of GBX 244 ($3.04). The company has a debt-to-equity ratio of 5.15, a current ratio of 1.25 and a quick ratio of 0.61. The business’s fifty day moving average price is GBX 189.34 and its 200-day moving average price is GBX 200.95. The stock has a market capitalization of £1.56 billion, a PE ratio of 4,937.50, a P/E/G ratio of 1.52 and a beta of 0.58.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on GlobalData from GBX 295 ($3.67) to GBX 300 ($3.73) and gave the stock a “buy” rating in a research report on Tuesday, January 14th.

GlobalData Company Profile

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.