Discoverie Group PLC (DSCV) Insider Malcolm Diamond Acquires 5,362 Shares

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Discoverie Group PLC (LON:DSCV) insider Malcolm Diamond bought 5,362 shares of the business’s stock in a transaction dated Tuesday, December 4th. The stock was acquired at an average cost of GBX 373 ($4.87) per share, for a total transaction of £20,000.26 ($26,133.88).

Discoverie Group stock opened at GBX 352 ($4.60) on Thursday. Discoverie Group PLC has a 12-month low of GBX 215 ($2.81) and a 12-month high of GBX 401 ($5.24).

The company also recently declared a dividend, which will be paid on Monday, January 14th. Investors of record on Thursday, December 20th will be paid a dividend of GBX 2.80 ($0.04) per share. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, December 20th.

A number of brokerages have recently commented on DSCV. Berenberg Bank began coverage on shares of Discoverie Group in a research note on Thursday, September 6th. They issued a “buy” rating and a GBX 525 ($6.86) target price on the stock. FinnCap reissued a “corporate” rating on shares of Discoverie Group in a research note on Thursday, October 11th. Finally, Peel Hunt reissued a “buy” rating on shares of Discoverie Group in a research note on Thursday, October 11th.

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Discoverie Group Company Profile

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. The company operates through two divisions, Design & Manufacturing and Custom Supply. It offers RF and MW components, fiber optic components, and wireless modules; cabling and assemblies, advanced connectors, and EMC shielding and thermal management products; IR thermal imagers, high speed cameras, modules, and imaging software; and magnetic components, power solutions, and thermal interface products.

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