NEXT plc (LON:NXT) Insider Jeremy Stakol Sells 26,523 Shares of Stock

NEXT plc (LON:NXT) insider Jeremy Stakol sold 26,523 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($129.29), for a total transaction of £2,620,207.17 ($3,429,141.70).

NEXT Price Performance

Shares of NEXT stock opened at £100.50 ($131.53) on Friday. The company has a debt-to-equity ratio of 125.90, a current ratio of 1.68 and a quick ratio of 1.07. NEXT plc has a one year low of GBX 6,746 ($88.29) and a one year high of £111.04 ($145.32). The business’s 50 day simple moving average is GBX 9,944.44 and its two-hundred day simple moving average is GBX 9,387.90. The stock has a market capitalization of £12.00 billion, a P/E ratio of 1,529.68, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

NEXT Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 5th will be paid a GBX 75 ($0.98) dividend. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, December 5th. NEXT’s payout ratio is 3,287.67%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “not rated” rating on shares of NEXT in a research note on Thursday, September 19th.

NEXT Company Profile

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.