Insider Buying: Majestic Wine PLC (LON:WINE) Insider Acquires 6,325 Shares of Stock

Majestic Wine PLC (LON:WINE) insider James Crawford bought 6,325 shares of Majestic Wine PLC stock in a transaction on Thursday, July 20th. The stock was purchased at an average price of GBX 316 ($4.12) per share, with a total value of £19,987 ($26,028.13).

James Crawford also recently made the following trade(s):

  • On Monday, July 24th, James Crawford sold 6,350 shares of Majestic Wine PLC stock. The stock was sold at an average price of GBX 315 ($4.10), for a total transaction of £20,002.50 ($26,048.31).
  • On Tuesday, April 25th, James Crawford sold 25,294 shares of Majestic Wine PLC stock. The stock was sold at an average price of GBX 372 ($4.84), for a total transaction of £94,093.68 ($122,533.77).

Shares of Majestic Wine PLC (LON WINE) opened at 325.00 on Thursday. Majestic Wine PLC has a 12 month low of GBX 273.25 and a 12 month high of GBX 440.25. The stock’s market cap is GBX 230.02 million. The company has a 50-day moving average price of GBX 319.26 and a 200-day moving average price of GBX 344.14.

The firm also recently announced a dividend, which was paid on Friday, July 28th. Investors of record on Thursday, June 22nd were paid a dividend of GBX 3.60 ($0.05) per share. This is a boost from Majestic Wine PLC’s previous dividend of $1.50. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a yield of 1.03%.

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Several equities analysts have recently issued reports on the stock. Investec restated a “buy” rating and set a GBX 450 ($5.86) price objective on shares of Majestic Wine PLC in a report on Thursday, June 15th. Peel Hunt downgraded shares of Majestic Wine PLC to a “sell” rating and set a GBX 300 ($3.91) price objective on the stock. in a report on Thursday, June 15th. Liberum Capital upped their price objective on shares of Majestic Wine PLC from GBX 465 ($6.06) to GBX 500 ($6.51) and gave the company a “buy” rating in a report on Thursday, June 15th. Shore Capital downgraded shares of Majestic Wine PLC to a “hold” rating in a report on Thursday, June 15th. Finally, Canaccord Genuity upped their price objective on shares of Majestic Wine PLC from GBX 290 ($3.78) to GBX 306 ($3.98) and gave the company a “sell” rating in a report on Thursday, May 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 375.20 ($4.89).

Majestic Wine PLC Company Profile

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Insider Buying and Selling by Quarter for Majestic Wine PLC (LON:WINE)

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