XP Power Ltd. (XPP) Insider Sells £2,040,000 in Stock

XP Power Ltd. (LON:XPP) insider James E. Peters sold 120,000 shares of the company’s stock in a transaction on Monday, September 26th. The shares were sold at an average price of GBX 1,700 ($22.19), for a total value of £2,040,000 ($2,662,837.75).

XP Power Ltd. (LON:XPP) opened at 1685.00 on Thursday. The stock has a 50 day moving average price of GBX 1,678.24 and a 200 day moving average price of GBX 1,625.66. XP Power Ltd. has a 52 week low of GBX 1,396.80 and a 52 week high of GBX 1,743.26. The firm’s market cap is GBX 324.23 billion.

The company also recently disclosed a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 15th will be issued a dividend of GBX 15 ($0.20) per share. The ex-dividend date is Thursday, September 15th. This is a boost from XP Power’s previous dividend of $14.00. This represents a yield of 0.93%.

About XP Power

XP Power Limited is a United Kingdom-based developer and manufacturer of critical power control components. The Company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters. The Company operates through Europe, North America and Asia geographical segments.

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