Corero Network Security plc (LON:CNS) Insider Carl Herberger Acquires 246,095 Shares

Corero Network Security plc (LON:CNS) insider Carl Herberger bought 246,095 shares of the firm’s stock in a transaction dated Thursday, April 10th. The shares were acquired at an average price of GBX 1,531 ($20.19) per share, for a total transaction of £3,767,714.45 ($4,967,977.91).

Carl Herberger also recently made the following trade(s):

• On Tuesday, January 21st, Carl Herberger purchased 106,530 shares of Corero Network Security stock. The stock was acquired at an average cost of GBX 18 ($0.24) per share, with a total value of £19,175.40 ($25,284.02).

Corero Network Security Stock Up 0.3 %

Shares of LON CNS opened at GBX 16 ($0.21) on Tuesday. Corero Network Security plc has a 52-week low of GBX 11 ($0.15) and a 52-week high of GBX 29.30 ($0.39). The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.20 and a current ratio of 1.75. The business has a fifty day moving average of GBX 17.05 and a two-hundred day moving average of GBX 19.57. The stock has a market cap of £102.56 million, a PE ratio of 127.04 and a beta of 0.46.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 23.50 ($0.31) price objective on shares of Corero Network Security in a research note on Tuesday, April 1st.

Corero Network Security Company Profile

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero’s award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting.