Richard Woodman Purchases 2,193 Shares of Paragon Banking Group PLC (LON:PAG) Stock

Paragon Banking Group PLC (LON:PAG) insider Richard Woodman bought 2,193 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were bought at an average price of GBX 746 ($9.69) per share, for a total transaction of £16,359.78 ($21,243.71).

Richard Woodman also recently made the following trade(s):

• On Friday, March 28th, Richard Woodman sold 21,497 shares of Paragon Banking Group stock. The stock was sold at an average price of GBX 778 ($10.10), for a total value of £167,246.66 ($217,175.25).
• On Thursday, January 30th, Richard Woodman sold 259,904 shares of Paragon Banking Group stock. The stock was sold at an average price of GBX 765 ($9.93), for a total value of £1,988,265.60 ($2,581,827.81).

Paragon Banking Group Price Performance

Shares of LON PAG opened at GBX 755 ($9.80) on Thursday. The firm’s 50-day moving average is GBX 759.86 and its two-hundred day moving average is GBX 747.58. Paragon Banking Group PLC has a 12-month low of GBX 656 ($8.52) and a 12-month high of GBX 868 ($11.27). The company has a market capitalization of £1.51 billion, a PE ratio of 8.15, a price-to-earnings-growth ratio of 0.50 and a beta of 1.52.

Paragon Banking Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 6th were issued a dividend of GBX 27.20 ($0.35) per share. This represents a yield of 3.64%. The ex-dividend date was Thursday, February 6th. This is a boost from Paragon Banking Group’s previous dividend of $13.20. Paragon Banking Group’s dividend payout ratio is 43.17%.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Paragon Banking Group in a research report on Wednesday, December 4th.

About Paragon Banking Group

Paragon is a specialist banking group. It offers a range of savings accounts and provide finance for landlords and small
and medium-sized businesses (‘SMEs’) and residential property developers in the UK. Founded in 1985 and listed on the
London Stock Exchange, it is a FTSE-250 company. Headquartered in Solihull, it employs more than 1,400 people.