Key Points
- Insider purchases: Yaniv Friedman bought 94 shares on Jan 5 at GBX 160 (£150.40) and previously made large buys on Dec 1—32,476 shares at GBX 174 (£56,508.24) and 7,524 shares at GBX 175 (£13,167)—indicating substantial insider accumulation.
- Market and analyst snapshot: Ithaca Energy has a market cap of £2.57bn, a negative PE of -20.84 and a one‑year range of GBX 120–242.50, while MarketBeat shows a consensus "Buy" rating with a target of GBX 210.
Ithaca Energy plc (LON:ITH - Get Free Report) insider Yaniv Friedman acquired 94 shares of Ithaca Energy stock in a transaction dated Monday, January 5th. The shares were purchased at an average price of GBX 160 per share, for a total transaction of £150.40.
Yaniv Friedman also recently made the following trade(s):
- On Monday, December 1st, Yaniv Friedman bought 32,476 shares of Ithaca Energy stock. The stock was purchased at an average price of GBX 174 per share, with a total value of £56,508.24.
- On Monday, December 1st, Yaniv Friedman bought 7,524 shares of Ithaca Energy stock. The stock was purchased at an average cost of GBX 175 per share, with a total value of £13,167.
- On Wednesday, November 5th, Yaniv Friedman purchased 66 shares of Ithaca Energy stock. The shares were acquired at an average price of GBX 228 per share, for a total transaction of £150.48.
Ithaca Energy Stock Performance
ITH stock opened at GBX 156.28 on Wednesday. The company has a market capitalization of £2.57 billion and a PE ratio of -20.84. Ithaca Energy plc has a one year low of GBX 120 and a one year high of GBX 242.50. The company's 50 day moving average price is GBX 189.38 and its two-hundred day moving average price is GBX 185.49.
Analysts Set New Price Targets
Several analysts have issued reports on ITH shares. Jefferies Financial Group upgraded shares of Ithaca Energy to a "buy" rating and upped their price target for the company from GBX 145 to GBX 220 in a research report on Monday, October 20th. Peel Hunt reissued a "buy" rating and issued a GBX 200 target price on shares of Ithaca Energy in a research note on Wednesday, September 17th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ithaca Energy currently has a consensus rating of "Buy" and a consensus target price of GBX 210.
View Our Latest Research Report on Ithaca Energy
About Ithaca Energy
(
Get Free Report)
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.
Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the “UKCS”), with stakes in six of the ten largest fields in the UKCS and two of UKCS's largest pre-development fields.
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