Insider Selling: Halma (LON:HLMA) Insider Sells 47,000 Shares

Key Points

  • Halma insider Marc Ronchetti sold 47,000 shares at an average price of GBX 3,813, generating proceeds of approximately £1.79 million. He also sold nearly 60,000 shares in two June transactions.
  • Halma shares opened at GBX 3,766.26, with a market capitalization of about £14.22 billion and a 52-week range of GBX 3,194 to GBX 4,902.
  • Analyst opinion is mixed: five analysts rate Halma a Buy, three rate it Hold and one rates it Sell, resulting in a consensus Hold rating.

Halma plc (LON:HLMA - Get Free Report) insider Marc Ronchetti sold 47,000 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 3,813, for a total transaction of £1,792,110.

Marc Ronchetti also recently made the following trade(s):

  • On Wednesday, June 24th, Marc Ronchetti sold 10,131 shares of Halma stock. The shares were sold at an average price of GBX 3,902, for a total transaction of £395,311.62.
  • On Friday, June 26th, Marc Ronchetti sold 49,664 shares of Halma stock. The stock was sold at an average price of GBX 3,934, for a total transaction of £1,953,781.76.

Halma Stock Performance

LON HLMA opened at GBX 3,766.26 on Tuesday. The firm has a market cap of £14.22 billion, a P/E ratio of 38.36, a P/E/G ratio of 2.93 and a beta of 0.97. Halma plc has a 52-week low of GBX 3,194 and a 52-week high of GBX 4,902. The business's 50-day moving average price is GBX 3,901.44 and its 200 day moving average price is GBX 4,009.11. The company has a quick ratio of 1.51, a current ratio of 2.14 and a debt-to-equity ratio of 42.13.

Halma (LON:HLMA - Get Free Report) last posted its quarterly earnings data on Thursday, June 11th. The company reported GBX 114.05 earnings per share for the quarter. Halma had a return on equity of 17.92% and a net margin of 14.42%.The company had revenue of GBX 258.23 billion during the quarter. On average, equities research analysts expect that Halma plc will post 90.5626134 earnings per share for the current year.

Wall Street Analyst Weigh In




Several equities analysts have issued reports on the stock. Shore Capital Group reissued a "hold" rating on shares of Halma in a research note on Monday, April 13th. Citigroup raised their target price on shares of Halma from GBX 3,700 to GBX 4,600 and gave the stock a "buy" rating in a research note on Friday, June 12th. Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 3,050 target price on shares of Halma in a report on Thursday, June 11th. Berenberg Bank reiterated a "buy" rating and set a GBX 4,200 price target on shares of Halma in a research note on Thursday, July 16th. Finally, UBS Group reiterated a "buy" rating and set a £47,750 price target on shares of Halma in a research note on Friday, June 5th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Halma currently has a consensus rating of "Hold" and an average price target of £5,339.51.

Read Our Latest Stock Analysis on HLMA

Halma Company Profile

(Get Free Report)

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in: - Safety - Protecting people's safety and the environment as populations grow, and enhancing worker safety. - Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research. - Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes. Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.

Further Reading

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