Abcam Plc (ABC) Insider Buys £10,532.16 in Stock

Abcam Plc (LON:ABC) insider Suzanne Smith purchased 864 shares of the business’s stock in a transaction on Wednesday, November 7th. The stock was acquired at an average price of GBX 1,219 ($15.93) per share, for a total transaction of £10,532.16 ($13,762.13).

ABC opened at GBX 1,229 ($16.06) on Friday. Abcam Plc has a one year low of GBX 9.73 ($0.13) and a one year high of GBX 1,290 ($16.86).

The company also recently announced a dividend, which will be paid on Friday, November 30th. Stockholders of record on Thursday, November 8th will be given a dividend of GBX 8.58 ($0.11) per share. The ex-dividend date is Thursday, November 8th. This represents a dividend yield of 0.65%. This is a boost from Abcam’s previous dividend of $3.42.

ABC has been the topic of a number of research analyst reports. Berenberg Bank upgraded Abcam to a “buy” rating and lifted their target price for the stock from GBX 1,230 ($16.07) to GBX 1,640 ($21.43) in a research report on Tuesday, July 31st. Peel Hunt reiterated a “hold” rating on shares of Abcam in a research report on Thursday, November 1st. Finally, Numis Securities reiterated a “hold” rating on shares of Abcam in a research report on Tuesday, September 11th.

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About Abcam

Abcam plc, together with its subsidiaries, produces and distributes research-grade antibodies and associated protein research tools worldwide. The company primarily offers primary and secondary antibodies; ELISA, matched antibody pairs and multiplex immunoassays; cell and tissue imaging tools; cellular and biochemical assays; proteins and peptides; proteomics tools; agonists, antagonists, activators, and inhibitors; lysates; and multiplex miRNA assays.

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