Premier Asset Management Group PLC (LON:PAM) Insider Michael Patrick O’Shea Sells 483,264 Shares

Premier Asset Management Group PLC (LON:PAM) insider Michael Patrick O’Shea sold 483,264 shares of Premier Asset Management Group stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of GBX 210 ($2.83), for a total value of £1,014,854.40 ($1,365,887.48).

Premier Asset Management Group PLC (LON PAM) opened at GBX 215 ($2.89) on Thursday. Premier Asset Management Group PLC has a one year low of GBX 122.82 ($1.65) and a one year high of GBX 215 ($2.89).

The firm also recently announced a dividend, which will be paid on Friday, January 5th. Investors of record on Thursday, December 7th will be given a dividend of GBX 4.25 ($0.06) per share. This represents a yield of 2%. The ex-dividend date is Thursday, December 7th. This is an increase from Premier Asset Management Group’s previous dividend of $1.25.

PAM has been the topic of a number of research reports. Numis Securities boosted their price objective on Premier Asset Management Group from GBX 210 ($2.83) to GBX 225 ($3.03) and gave the company an “add” rating in a research report on Thursday, November 2nd. Liberum Capital boosted their price objective on Premier Asset Management Group from GBX 249 ($3.35) to GBX 279 ($3.76) and gave the company a “buy” rating in a research report on Thursday, November 30th.

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About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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