Key Points
- GlobalData insider Michael Danson sold 20,117,282 shares at an average price of GBX 85, generating approximately £17.1 million.
- GlobalData shares opened at GBX 83.84, with a £580.19 million market capitalization and a 12-month trading range of GBX 60.60 to GBX 154.
- Analysts maintain a “Moderate Buy” consensus, with four Buy ratings and one Hold; the average target price is GBX 173.75, although JPMorgan recently cut its target to GBX 110 and kept a Neutral rating.
GlobalData Plc (LON:DATA - Get Free Report) insider Michael Danson sold 20,117,282 shares of GlobalData stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of GBX 85, for a total value of £17,099,689.70.
GlobalData Price Performance
DATA stock opened at GBX 83.84 on Tuesday. The company has a market capitalization of £580.19 million, a P/E ratio of 19.06, a PEG ratio of 1.52 and a beta of 0.72. GlobalData Plc has a twelve month low of GBX 60.60 and a twelve month high of GBX 154. The business has a 50 day simple moving average of GBX 81.46 and a 200-day simple moving average of GBX 86.79. The company has a current ratio of 0.90, a quick ratio of 0.61 and a debt-to-equity ratio of 62.52.
GlobalData declared that its Board of Directors has approved a share repurchase plan on Tuesday, June 23rd that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. decreased their price target on shares of GlobalData from GBX 135 to GBX 110 and set a "neutral" rating for the company in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, GlobalData currently has an average rating of "Moderate Buy" and a consensus target price of GBX 173.75.
Check Out Our Latest Research Report on DATA
GlobalData Company Profile
(
Get Free Report)
GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change.
By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what's coming, move faster, and lead with confidence.
Our solutions are used by over 5,000 organizations across the world's largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.
Strategic Priorities
GlobalData's four strategic priorities are: Customer Obsession, World Class Product, Sales Excellence and Operational Agility.
Further Reading
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