Sumo Group PLC (LON:SUMO) Insider Acquires £331,350 in Stock

Sumo Group PLC (LON:SUMO) insider David Wilton purchased 235,000 shares of the business’s stock in a transaction on Friday, June 21st. The stock was bought at an average cost of GBX 141 ($1.84) per share, with a total value of £331,350 ($432,967.46).

David Wilton also recently made the following trade(s):

  • On Monday, May 13th, David Wilton purchased 1,229 shares of Sumo Group stock. The stock was bought at an average cost of GBX 147 ($1.92) per share, with a total value of £1,806.63 ($2,360.68).

Shares of Sumo Group stock opened at GBX 149.50 ($1.95) on Thursday. Sumo Group PLC has a 52-week low of GBX 105 ($1.37) and a 52-week high of GBX 187 ($2.44). The stock has a market cap of $224.36 million and a PE ratio of -747.50. The firm has a fifty day simple moving average of GBX 141.63.

A number of research firms have commented on SUMO. Liberum Capital reissued a “hold” rating on shares of Sumo Group in a research note on Thursday, June 20th. Shore Capital reaffirmed a “buy” rating on shares of Sumo Group in a research note on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 200 ($2.61) price objective on shares of Sumo Group in a research note on Monday. Finally, Berenberg Bank upped their price objective on shares of Sumo Group from GBX 170 ($2.22) to GBX 190 ($2.48) and gave the company a “buy” rating in a research note on Tuesday, April 9th.

About Sumo Group

Sumo Group Plc, together with its subsidiaries, develops and provides video games in the United Kingdom. The company develops games across a range of console platforms, PC, handheld, and mobile devices. It also offers services to entertainment industry, including games, TV, and film. The company was founded in 2003 and is headquartered in Sheffield, the United Kingdom.

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