Key Points
- Insider buying: Director Graham Prothero purchased 46 shares on Jan 5 at GBX 427 (£196.42), adding to earlier buys on Dec 5 (50 shares at GBX 393) and Nov 5 (57 shares at GBX 349), indicating small but consistent insider accumulation.
- The stock opened at GBX 411 (down 3.1%), sits in a 52‑week range of GBX 320–538, and carries a Wall Street consensus Buy with an average target of GBX 500 (Berenberg also reiterated a GBX 500 buy); market cap is ~£240m with a P/E of ~15.16.
MJ Gleeson plc (LON:GLE - Get Free Report) insider Graham Prothero bought 46 shares of the firm's stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 427 per share, for a total transaction of £196.42.
Graham Prothero also recently made the following trade(s):
- On Friday, December 5th, Graham Prothero purchased 50 shares of MJ Gleeson stock. The shares were bought at an average cost of GBX 393 per share, with a total value of £196.50.
- On Wednesday, November 5th, Graham Prothero purchased 57 shares of MJ Gleeson stock. The shares were bought at an average cost of GBX 349 per share, for a total transaction of £198.93.
MJ Gleeson Stock Down 3.1%
Shares of GLE opened at GBX 411 on Wednesday. MJ Gleeson plc has a fifty-two week low of GBX 320 and a fifty-two week high of GBX 538. The company's fifty day moving average is GBX 388.69 and its two-hundred day moving average is GBX 371.87. The firm has a market cap of £239.92 million, a PE ratio of 15.16 and a beta of 1.14. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 500 price target on shares of MJ Gleeson in a research report on Wednesday, September 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, MJ Gleeson presently has an average rating of "Buy" and an average target price of GBX 500.
View Our Latest Analysis on GLE
MJ Gleeson Company Profile
(
Get Free Report)
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes, under the banner of "Building Homes. Changing Lives" builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.
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