Jean-Claude Labrune, CEO of Cegedim. (© Cegedim)
The CEO of the IT specialist for healthcare professionals and his two deputies captured 59,000 shares in the market after the price plunge.
Jean-Claude Labrune bought 53,009 shares between September 22 and October 25 at prices between 14.86 and 16.61 euros, according to statements by the Financial Markets Authority.
The Executive Vice President, Laurent Labrune, did the same for 4,500 titles on September 21st at €15.84 and another 1,000 titles, on September 22nd at €14.18. The other Executive Vice President, Pierre Marucci, acquired 585 shares on September 22 and 26 at 13.90 and 15.36 euros.
As of February 28, 2022, the Labrune family owns 53.9% of the share capital and 68.6% of the voting rights through FCB Holding Company. On that date, Bpifrance Participations owned 2.1% of the shares and 2.6% of the DDVs. Treasury shares amounted to 2.1%. Admiral Jestion owns 7.8% stake.
The company has a market capitalization of 213 million euros against sales of 583 million and an Ebitda of 110 million expected in 2023. The “free cash flow return” is estimated at 11.1% for the next year.
Analysts are not enthusiastic
The average target consensus calculated by FactSet is €19.98. Of the four analysts indicated, only one is positive, and three analysts will be “detained.”
The most optimistic is Gilbert Dupont’s Gabriel Santier which aims for a €22 price tag. The most booked is Gaetan Calabro in Portzamparc who rates the action at 16.60