Redde PLC (LON:REDD) insider Martin Ward sold 293,401 shares of the firm’s stock in a transaction that occurred on Friday, September 14th. The shares were sold at an average price of GBX 188 ($2.45), for a total transaction of £551,593.88 ($718,501.86).

Shares of Redde stock opened at GBX 194.20 ($2.53) on Tuesday. Redde PLC has a fifty-two week low of GBX 1.58 ($0.02) and a fifty-two week high of GBX 182 ($2.37).

The business also recently declared a dividend, which will be paid on Thursday, November 8th. Investors of record on Thursday, October 4th will be issued a GBX 6.15 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, October 4th. This represents a dividend yield of 3.44%. This is a positive change from Redde’s previous dividend of $5.50.

Separately, JPMorgan Chase & Co. raised their price target on shares of Redde from GBX 197 ($2.57) to GBX 207 ($2.70) and gave the company an “overweight” rating in a report on Friday, September 7th.

Redde Company Profile

Redde plc provides a package of motor claims accident management, incident management, fleet management, and legal services in the United Kingdom. The company offers vehicle replacement, repair management, claims-handling assistance, and legal and other bespoke services; and finances vehicle repairs.

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