Matthew White Sells 276,183 Shares of Alfa Financial Software Holdings PLC (ALFA) Stock

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Alfa Financial Software Holdings PLC (LON:ALFA) insider Matthew White sold 276,183 shares of the stock in a transaction dated Wednesday, June 13th. The shares were sold at an average price of GBX 185 ($2.46), for a total value of £510,938.55 ($680,253.69).

Alfa Financial Software opened at GBX 181.80 ($2.42) on Friday, MarketBeat Ratings reports. Alfa Financial Software Holdings PLC has a one year low of GBX 325 ($4.33) and a one year high of GBX 548 ($7.30).

A number of equities research analysts have commented on ALFA shares. Numis Securities reiterated a “buy” rating and issued a GBX 522 ($6.95) price target on shares of Alfa Financial Software in a research note on Friday, March 2nd. Berenberg Bank cut Alfa Financial Software to a “hold” rating and decreased their price target for the company from GBX 600 ($7.99) to GBX 170 ($2.26) in a research note on Monday, June 4th.

About Alfa Financial Software

Alfa Financial Software Holdings PLC, through its subsidiaries, provides software solutions and consultancy services to the asset finance industry in the United Kingdom, the United States of America, rest of Europe, and the Asia Pacific. Its solutions include point of sale, such as Web-based quotation, multiple channels, and templates and business rules; originations, including credit and document management, and workflow and business rules; contract management comprising leases and loans, reporting and business intelligence, customer, asset and contract management, and bad debt management; and wholesale consisting of dealer portal, audit, and entire unit lifecycle.

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