Alfa Financial Software (LON:ALFA) Insider Chris Sullivan Sells 35,405 Shares

Alfa Financial Software Holdings PLC (LON:ALFA) insider Chris Sullivan sold 35,405 shares of Alfa Financial Software stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of GBX 166, for a total value of £58,772.30.

Alfa Financial Software Stock Performance

LON:ALFA traded down GBX 0.60 during mid-day trading on Tuesday, hitting GBX 163.20. The company’s stock had a trading volume of 8,176,584 shares, compared to its average volume of 2,136,245. The business’s fifty day moving average is GBX 158.25 and its two-hundred day moving average is GBX 168.40. The stock has a market cap of £485.13 million, a price-to-earnings ratio of 16.09, a PEG ratio of 4.19 and a beta of 0.23. The company has a debt-to-equity ratio of 17.99, a current ratio of 1.60 and a quick ratio of 1.37. Alfa Financial Software Holdings PLC has a 1 year low of GBX 140.40 and a 1 year high of GBX 252.

Analysts Set New Price Targets

A number of brokerages have weighed in on ALFA. Shore Capital Group upgraded shares of Alfa Financial Software to a “buy” rating and set a GBX 270 price objective for the company in a research report on Thursday, April 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 220 price target on shares of Alfa Financial Software in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Alfa Financial Software presently has a consensus rating of “Buy” and a consensus target price of GBX 255.

About Alfa Financial Software

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.