Insider Selling: Finsbury Food Group plc (FIF) Insider Sells £181,040 in Stock

Finsbury Food Group plc (LON:FIF) insider Paul Monk sold 146,000 shares of the stock in a transaction dated Wednesday, September 28th. The shares were sold at an average price of GBX 124 ($1.62), for a total transaction of £181,040 ($236,313.80).

Shares of Finsbury Food Group plc (LON:FIF) opened at 126.30 on Monday. Finsbury Food Group plc has a 52 week low of GBX 100.00 and a 52 week high of GBX 139.00. The company has a 50-day moving average of GBX 128.53 and a 200-day moving average of GBX 119.81. The firm’s market capitalization is GBX 160.13 million.

The business also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 17th will be paid a GBX 1.87 ($0.02) dividend. This represents a yield of 1.38%. This is a boost from Finsbury Food Group plc’s previous dividend of $0.93. The ex-dividend date is Thursday, November 17th.

A number of equities research analysts recently commented on FIF shares. Panmure Gordon increased their price objective on shares of Finsbury Food Group plc from GBX 127 ($1.66) to GBX 150 ($1.96) and gave the company a “buy” rating in a research note on Monday, September 19th. Beaufort Securities reissued a “buy” rating on shares of Finsbury Food Group plc in a research note on Tuesday, September 20th.

About Finsbury Food Group plc

Finsbury Food Group Plc is a United Kingdom-based company engaged in manufacture and sales of bakery products to the United Kingdom’s grocers. The Company includes United Kingdom cake and bread business. The Company also produces a range of sweet snacking products, slices and in store bakery (ISB) bites.

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