Fidessa (LON:FDSA) insider Andy Skelton acquired 3 shares of the stock in a transaction on Friday, April 20th. The shares were acquired at an average price of GBX 4,050 ($57.99) per share, with a total value of £121.50 ($173.97).
Shares of FDSA opened at GBX 4,000 ($57.27) on Monday. Fidessa has a 52 week low of GBX 2,020 ($28.92) and a 52 week high of GBX 3,925 ($56.20).
The company also recently announced a dividend, which will be paid on Thursday, June 7th. Stockholders of record on Thursday, May 10th will be given a GBX 79.70 ($1.14) dividend. This is a positive change from Fidessa’s previous dividend of $15.30. The ex-dividend date is Thursday, May 10th. This represents a dividend yield of 2.1%.
A number of equities research analysts have weighed in on the company. Barclays upgraded Fidessa to an “equal weight” rating and raised their price objective for the company from GBX 2,060 ($29.50) to GBX 3,650 ($52.26) in a research note on Friday, April 13th. Numis Securities restated an “add” rating and set a GBX 3,070 ($43.96) price objective on shares of Fidessa in a research note on Monday, February 19th. Credit Suisse Group lowered Fidessa to an “underperform” rating and raised their price objective for the company from GBX 2,300 ($32.93) to GBX 2,350 ($33.65) in a research note on Monday, January 8th. Finally, Jefferies Group upgraded Fidessa to a “buy” rating and raised their price objective for the company from GBX 2,400 ($34.36) to GBX 3,100 ($44.39) in a research note on Monday, February 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Fidessa currently has an average rating of “Hold” and an average price target of GBX 2,844.80 ($40.73).
Fidessa group plc, together with its subsidiaries, provides trading, investment, and information solutions to the financial community worldwide. The company offers access to the trading community of buy-side and sell-side professionals ranging from institutions and investment banks to boutique brokers, and niche hedge funds.
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