Insider Selling: Filtronic plc (LON:FTC) Insider Sells 4,163 Shares of Stock

Filtronic plc (LON:FTC) insider Michael Tyerman sold 4,163 shares of the firm’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of GBX 82 ($1.05), for a total transaction of £3,413.66 ($4,361.95).

Michael Tyerman also recently made the following trade(s):

• On Monday, April 7th, Michael Tyerman sold 4,500 shares of Filtronic stock. The shares were sold at an average price of GBX 77 ($0.98), for a total transaction of £3,465 ($4,427.55).
• On Wednesday, March 26th, Michael Tyerman sold 336,000 shares of Filtronic stock. The stock was sold at an average price of GBX 112 ($1.43), for a total value of £376,320 ($480,858.68).

Filtronic Stock Performance

LON:FTC opened at GBX 85 ($1.09) on Thursday. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The firm has a market capitalization of £184.53 million, a PE ratio of 58.25 and a beta of 0.87. Filtronic plc has a twelve month low of GBX 32 ($0.41) and a twelve month high of GBX 119 ($1.52). The stock’s 50-day simple moving average is GBX 103.17 and its 200 day simple moving average is GBX 85.52.

Filtronic (LON:FTC) last announced its quarterly earnings results on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share (EPS) for the quarter. Filtronic had a net margin of 12.35% and a return on equity of 24.34%. On average, analysts anticipate that Filtronic plc will post 3.0730129 EPS for the current fiscal year.

Filtronic Company Profile

For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.