Erwin Gunst Sells 690,689 Shares of Avast PLC (LON:AVST) Stock

Avast PLC (LON:AVST) insider Erwin Gunst sold 690,689 shares of the business’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of GBX 318 ($4.16), for a total transaction of £2,196,391.02 ($2,869,973.89).

LON AVST opened at GBX 319.60 ($4.18) on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.71 and a debt-to-equity ratio of 154.65. Avast PLC has a 1 year low of GBX 205 ($2.68) and a 1 year high of GBX 320 ($4.18). The firm has a market capitalization of $3.08 billion and a P/E ratio of 12.78. The company has a fifty day moving average of GBX 309.25.

AVST has been the subject of a number of analyst reports. UBS Group reiterated a “buy” rating and set a GBX 400 ($5.23) target price (up previously from GBX 320 ($4.18)) on shares of Avast in a research note on Thursday, March 14th. Barclays reiterated an “overweight” rating on shares of Avast in a research note on Friday, April 12th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Avast in a research note on Wednesday, April 17th. Finally, Credit Suisse Group boosted their target price on shares of Avast from GBX 330 ($4.31) to GBX 381 ($4.98) and gave the stock an “outperform” rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 360.20 ($4.71).



Avast Company Profile

Avast Plc, together with its subsidiaries, provides digital security products under the Avast, AVG, and CCleaner brands worldwide. It operates through two segments, Consumer and Small and Medium Business (SMB). The company offers desktop security and mobile device protection products; value-added solutions for performance, privacy, and other tools; dynamic secure search solution, including browser toolbar; and big data and marketing analytics solutions, as well as security solutions designed for small businesses.

Read More: What is a Stop Order?

Receive News & Ratings for Avast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avast and related companies with MarketBeat.com's FREE daily email newsletter.