Insider Buying: Diageo (LON:DGE) Insider Buys 410 Shares of Stock

Key Points

  • Insider buying: Diageo insider John Alexander Manzoni bought 410 shares on Dec. 10 at GBX 1,600 (£6,560) and has made two prior purchases (Oct. 10 and Nov. 10), totaling 1,123 shares and about £19,690 of purchases, signalling continued insider accumulation.
  • Price and analyst context: DGE opened at GBX 1,602—near its 12‑month low of GBX 1,587—with a market cap of £35.62bn and a consensus rating of Moderate Buy (average target GBX 2,198.75) amid mixed buy/hold analyst views.

Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni acquired 410 shares of the stock in a transaction on Wednesday, December 10th. The shares were purchased at an average price of GBX 1,600 per share, with a total value of £6,560.

John Alexander Manzoni also recently made the following trade(s):

  • On Monday, November 10th, John Alexander Manzoni bought 355 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,850 per share, for a total transaction of £6,567.50.
  • On Friday, October 10th, John Alexander Manzoni purchased 358 shares of Diageo stock. The stock was acquired at an average price of GBX 1,833 per share, for a total transaction of £6,562.14.

Diageo Price Performance

Shares of DGE stock opened at GBX 1,602 on Thursday. The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57. Diageo plc has a twelve month low of GBX 1,587 and a twelve month high of GBX 2,619.50. The company has a market cap of £35.62 billion, a P/E ratio of 15.16, a P/E/G ratio of 1.75 and a beta of 0.36. The business has a fifty day simple moving average of GBX 1,764.32 and a 200 day simple moving average of GBX 1,877.28.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on DGE shares. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Diageo from GBX 1,840 to GBX 1,790 and set a "hold" rating for the company in a report on Friday, November 28th. Citigroup lowered their price objective on shares of Diageo from GBX 2,750 to GBX 2,480 and set a "buy" rating for the company in a research report on Monday, October 20th. JPMorgan Chase & Co. lowered their price target on shares of Diageo from GBX 2,500 to GBX 2,000 and set a "neutral" rating for the company in a report on Wednesday, November 26th. UBS Group reissued a "buy" rating and set a GBX 2,250 price objective on shares of Diageo in a report on Friday, October 31st. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 2,300 price objective on shares of Diageo in a research report on Friday, November 7th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 2,198.75.




View Our Latest Stock Report on DGE

About Diageo

(Get Free Report)

Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry. With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we're building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we're a truly global company.

Featured Stories

Insider Buying and Selling by Quarter for Diageo (LON:DGE)

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].

Insider Buying or Selling at Diageo?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Diageo and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles