Photo-Me International plc (LON:PHTM) Insider Francoise Coutaz-Replan Sells 250,000 Shares

Photo-Me International plc (LON:PHTM) insider Francoise Coutaz-Replan sold 250,000 shares of Photo-Me International stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of GBX 118 ($1.54), for a total transaction of £295,000 ($384,264.69).

LON PHTM remained flat at $GBX 125 ($1.63) during trading on Friday. 820,325 shares of the company’s stock traded hands, compared to its average volume of 213,398. Photo-Me International plc has a twelve month low of GBX 155 ($2.02) and a twelve month high of GBX 194 ($2.53).

The company also recently disclosed a dividend, which will be paid on Friday, November 9th. Stockholders of record on Thursday, October 18th will be paid a dividend of GBX 4.73 ($0.06) per share. This represents a dividend yield of 4.09%. This is an increase from Photo-Me International’s previous dividend of $3.71. The ex-dividend date is Thursday, October 18th.

Several research analysts have recently weighed in on the stock. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 160 ($2.08) price target on shares of Photo-Me International in a report on Tuesday, July 10th. FinnCap cut their target price on shares of Photo-Me International from GBX 215 ($2.80) to GBX 163 ($2.12) and set a “corporate” rating for the company in a research report on Friday, June 8th.

About Photo-Me International

Photo-Me International plc operates, sells, and services a range of instant-service equipment in Continental Europe, the United Kingdom, Ireland, Asia, and internationally. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, amusement machines, business service equipment, laundry machines, and children's rides.

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