Paragon Banking Group PLC (LON:PAG) Insider Richard Woodman Sells 21,497 Shares

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman sold 21,497 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of GBX 778 ($10.07), for a total value of £167,246.66 ($216,472.51).

Richard Woodman also recently made the following trade(s):

• On Thursday, January 30th, Richard Woodman sold 259,904 shares of Paragon Banking Group stock. The shares were sold at an average price of GBX 765 ($9.90), for a total transaction of £1,988,265.60 ($2,573,473.47).

Paragon Banking Group Price Performance

PAG opened at GBX 773 ($10.01) on Friday. The company has a market capitalization of £1.55 billion, a price-to-earnings ratio of 8.34, a P/E/G ratio of 0.50 and a beta of 1.52. The business’s 50-day moving average price is GBX 759.62 and its two-hundred day moving average price is GBX 747.80. Paragon Banking Group PLC has a 1 year low of GBX 656 ($8.49) and a 1 year high of GBX 868 ($11.23).

Paragon Banking Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Thursday, February 6th were given a GBX 27.20 ($0.35) dividend. This represents a yield of 3.64%. The ex-dividend date of this dividend was Thursday, February 6th. This is a positive change from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio (DPR) is currently 43.17%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

Paragon Banking Group Company Profile

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.