Insider Selling: abrdn plc (LON:ABDN) Insider Sells 84,587 Shares of Stock

abrdn plc (LON:ABDN) insider Jason Windsor sold 84,587 shares of abrdn stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of GBX 169 ($2.19), for a total value of £142,952.03 ($185,075.13).

abrdn Stock Down 5.4 %

ABDN stock opened at GBX 159.65 ($2.07) on Friday. The firm has a market cap of £2.86 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 12.70 and a beta of 1.25. abrdn plc has a 1-year low of GBX 130.50 ($1.69) and a 1-year high of GBX 186.48 ($2.41). The firm has a fifty day moving average price of GBX 160.51 and a two-hundred day moving average price of GBX 150.45. The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97.

abrdn (LON:ABDN) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share for the quarter. abrdn had a net margin of 21.19% and a return on equity of 6.46%. Research analysts predict that abrdn plc will post 15.2266152 EPS for the current year.

abrdn Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 7.30 ($0.09) per share. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Thursday, March 27th. abrdn’s payout ratio is 85.27%.

Analyst Ratings Changes

Separately, Citigroup increased their target price on abrdn from GBX 140 ($1.81) to GBX 172 ($2.23) and gave the stock a “neutral” rating in a report on Thursday, March 6th.

About abrdn

aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.

We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.