Key Points
- Beazley insider sale: Adrian Cox sold 15,223 shares of Beazley on Tuesday, May 19, at an average price of GBX 1,279, totaling about £194,702.
- Recent trading activity: Cox also sold 77,032 shares on March 4 for roughly £992,942, indicating a pattern of insider selling in the stock.
- Analyst and stock context: Beazley shares were trading near their 52-week high at GBX 1,282.50, and Citigroup recently downgraded the stock to neutral while raising its price target to GBX 1,280.
Beazley plc (LON:BEZ - Get Free Report) insider Adrian Cox sold 15,223 shares of Beazley stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of GBX 1,279, for a total transaction of £194,702.17.
Adrian Cox also recently made the following trade(s):
- On Wednesday, March 4th, Adrian Cox sold 77,032 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total transaction of £992,942.48.
Beazley Stock Performance
LON BEZ opened at GBX 1,282.50 on Friday. The company has a market capitalization of £7.58 billion, a P/E ratio of 8.86, a P/E/G ratio of 1.57 and a beta of 0.28. The company has a fifty day moving average of GBX 1,275.78 and a 200-day moving average of GBX 1,089.68. Beazley plc has a 52-week low of GBX 750 and a 52-week high of GBX 1,293.
Analyst Upgrades and Downgrades
Separately, Citigroup downgraded shares of Beazley to a "neutral" rating and boosted their price target for the stock 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 company. According to data from MarketBeat.com, Beazley currently has an average rating of "Moderate Buy" and an average target price of GBX 1,074.17.
Check Out Our Latest Stock Analysis on BEZ
Beazley Company Profile
(
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].
