Insider Buying: On the Beach Group plc (LON:OTB) Insider Acquires 765 Shares of Stock

On the Beach Group plc (LON:OTB) insider Shaun Morton acquired 765 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was purchased at an average price of GBX 235 ($3.05) per share, with a total value of £1,797.75 ($2,331.11).

Shaun Morton also recently made the following trade(s):

• On Monday, March 10th, Shaun Morton sold 45,054 shares of On the Beach Group stock. The shares were sold at an average price of GBX 228 ($2.96), for a total value of £102,723.12 ($133,199.07).

On the Beach Group Trading Up 0.6 %

Shares of LON OTB traded up GBX 1.50 ($0.02) during mid-day trading on Friday, hitting GBX 233.50 ($3.03). 222,019 shares of the company traded hands, compared to its average volume of 910,417. On the Beach Group plc has a 1 year low of GBX 127.75 ($1.66) and a 1 year high of GBX 265.50 ($3.44). The stock has a market capitalization of £379.12 million, a price-to-earnings ratio of 25.52, a PEG ratio of 0.71 and a beta of 2.42. The company has a quick ratio of 0.83, a current ratio of 1.37 and a debt-to-equity ratio of 1.53. The business has a 50 day moving average of GBX 242.33 and a two-hundred day moving average of GBX 199.44.

On the Beach Group Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Thursday, January 30th were issued a dividend of GBX 2.10 ($0.03) per share. This represents a dividend yield of 1.02%. This is an increase from On the Beach Group’s previous dividend of $0.90. The ex-dividend date of this dividend was Thursday, January 30th. On the Beach Group’s dividend payout ratio is currently 10.93%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of On the Beach Group in a report on Tuesday, February 25th.

On the Beach Group Company Profile

On the Beach is one of the UK’s largest online package holiday specialists with significant opportunities for growth. Founded in 2004 and listed on the London Stock Exchange in 2015, today over 1.7 million customers find, book and enjoy their perfect package holiday with us every single year.

Our innovative technology, low-cost base and strong customer-value proposition provides a structural challenge to legacy tour operators and online travel agents, as we continue disrupting the market.