Key Points
- Nigel Halkes sold 355 shares of Hargreaves Services on 5 May at GBX 850, generating £3,017.50 in proceeds.
- Multiple senior insiders also sold large stakes—most notably Gordon Banham (199,300 shares) and Roger McDowell (31,500 shares)—indicating significant insider disposals that could weigh on sentiment.
- The stock is trading near its 52‑week high (GBX 850) with a market cap of ~£271.7m and a P/E of ~12.65, while its 50‑ and 200‑day moving averages (GBX 774 and GBX 713) remain below the current price, suggesting underlying strength despite the insider selling.
Hargreaves Services Plc (LON:HSP - Get Free Report) insider Nigel Halkes sold 355 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total value of £3,017.50.
Hargreaves Services Stock Performance
Shares of Hargreaves Services stock opened at GBX 822 on Thursday. The stock's fifty day moving average is GBX 774.18 and its two-hundred day moving average is GBX 712.60. The company has a market capitalization of £271.73 million, a PE ratio of 12.65 and a beta of 0.59. The company has a quick ratio of 0.82, a current ratio of 2.24 and a debt-to-equity ratio of 33.96. Hargreaves Services Plc has a 52 week low of GBX 560 and a 52 week high of GBX 850.
Hargreaves Services News Roundup
Here are the key news stories impacting Hargreaves Services this week:
- Neutral Sentiment: Market/context: HSP has a market cap of ~£271.7m, P/E ~12.65, 50-day MA GBX 774.18 and 200-day MA GBX 712.60; the stock is nearer its 12‑month high (GBX 850) than low (GBX 560). Recent volume is slightly below average. These metrics help explain why the share price may still be rising despite insider sales. MarketBeat HSP
- Negative Sentiment: Large insider sale — Gordon Frank Colenso Banham sold 199,300 shares at GBX 850 (≈£1,694,050). Significant insider disposals can increase supply and signal profit-taking by senior figures. Insider Sale: Banham
- Negative Sentiment: Roger McDowell sold 31,500 shares at GBX 850 (≈£267,750), a material secondary insider sale that may pressure near-term sentiment. Insider Sale: McDowell
- Negative Sentiment: Stephen Craigen sold 1,712 shares at GBX 850 (≈£14,552). Insider Sale: Craigen
- Negative Sentiment: Nicholas Mills sold 711 shares at GBX 850 (≈£6,043.50). Insider Sale: Mills
- Negative Sentiment: Nigel Halkes sold 355 shares at GBX 850 (≈£3,017.50). Insider Sale: Halkes
About Hargreaves Services
(
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Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks.
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