Insider Buying: Elementis (LON:ELM) Insider Acquires 62,562 Shares of Stock

Key Points

  • Insider purchase: Elementis director Luc van Ravenstein bought 62,562 shares on April 8 at an average price of GBX 143 per share, a transaction totaling £89,463.66.
  • Share price and valuation: The stock opened at GBX 160.68, trades within a 52-week range of GBX 118.40–179.60, has a market cap of £914.73m and a negative P/E of -20.60.
  • Analyst view: UBS reiterated a "buy" with a GBX 190 target; the consensus is a "Moderate Buy" with an average target of GBX 195 (two Buys, one Hold).

Elementis plc (LON:ELM - Get Free Report) insider Luc van Ravenstein purchased 62,562 shares of the company's stock in a transaction on Wednesday, April 8th. The stock was acquired at an average price of GBX 143 per share, for a total transaction of £89,463.66.

Elementis Price Performance

Shares of Elementis stock opened at GBX 160.68 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.16 and a debt-to-equity ratio of 39.85. The company's 50-day moving average price is GBX 158.79 and its two-hundred day moving average price is GBX 162.38. Elementis plc has a 52 week low of GBX 118.40 and a 52 week high of GBX 179.60. The stock has a market cap of £914.73 million, a PE ratio of -20.60, a price-to-earnings-growth ratio of 3.05 and a beta of 1.00.

Analyst Ratings Changes

Separately, UBS Group reiterated a "buy" rating and issued a GBX 190 price target on shares of Elementis in a research report on Friday, January 16th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of GBX 195.

Read Our Latest Report on Elementis

About Elementis

(Get Free Report)

Elementis is a global specialty chemicals company. We offer performance-driven additives that help create innovative formulations for consumer and industrial applications. As a FTSE 250 company, listed on the London Stock Exchange, we employ c.1,030 people globally. We have a nearly 200-year tradition of creating ingredients that add value to everyday consumer and industrial products. In 2024 Elementis reported revenue of $738m and adjusted operating profit of $129m.

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