XLMedia PLC (LON:XLM) shares reached a new 52-week high on Thursday . The company traded as high as GBX 210 ($2.83) and last traded at GBX 205.50 ($2.77), with a volume of 296003 shares traded. The stock had previously closed at GBX 203 ($2.73).
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 170 ($2.29) target price on shares of XLMedia in a report on Monday, August 14th.
In other news, insider Ory Weihs bought 30,120 shares of XLMedia stock in a transaction on Thursday, November 2nd. The shares were purchased at an average price of GBX 166 ($2.23) per share, for a total transaction of £49,999.20 ($67,293.67). Insiders have acquired a total of 308,540 shares of company stock worth $44,800,560 in the last quarter.
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XLMedia Company Profile
XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.
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