Key Points
- Insider Paul Bantick purchased 141 shares of Beazley on April 10 at GBX 1,272 per share, costing about £1,793.52.
- Earlier in March he sold a combined 27,134 shares (18,360 on Mar 4 at GBX 1,289 and 8,774 on Mar 9 at GBX 1,288) for roughly £349,669.52.
- Beazley trades near its 1‑year high (GBX 1,293) with a market cap of £7.52bn and P/E of 8.79, and carries a consensus "Moderate Buy" rating despite Citigroup recently downgrading it to "neutral" while raising its price target to GBX 1,280.
Beazley plc (LON:BEZ - Get Free Report) insider Paul Bantick acquired 141 shares of the firm's stock in a transaction on Friday, April 10th. The stock was purchased at an average cost of GBX 1,272 per share, with a total value of £1,793.52.
Paul Bantick also recently made the following trade(s):
- On Monday, March 9th, Paul Bantick sold 8,774 shares of Beazley stock. The stock was sold at an average price of GBX 1,288, for a total transaction of £113,009.12.
- On Wednesday, March 4th, Paul Bantick sold 18,360 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total transaction of £236,660.40.
Beazley Price Performance
Shares of LON BEZ opened at GBX 1,273 on Tuesday. The company has a market cap of £7.52 billion, a P/E ratio of 8.79, a PEG ratio of 1.57 and a beta of 0.29. Beazley plc has a 1 year low of GBX 750 and a 1 year high of GBX 1,293. The firm has a 50-day simple moving average of GBX 1,259.65 and a two-hundred day simple moving average of GBX 1,022.33.
Wall Street Analyst Weigh In
Separately, Citigroup downgraded shares of Beazley to a "neutral" rating and lifted their price target for the company from GBX 1,025 to GBX 1,280 in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 1,074.17.
Read Our Latest Report on BEZ
About Beazley
(
Get Free Report)
Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
