Key Points
- Insider Jeremy (Jez) Maiden purchased 138 shares at an average of GBX 3,794 on March 13, part of a cluster of senior insider buys that day which can be read as a vote of confidence in the company's near‑term prospects.
- Those purchases were offset by notable disposals from senior insiders — Andre Lacroix sold 37,635 shares (~£1.43m) and Colm Deasy sold 3,176 shares — which could increase near‑term supply and weigh on sentiment.
- Intertek is trading near its 12‑month low (opened GBX 3,672), has a market cap of £5.64bn and mixed analyst views (average rating “Moderate Buy” with an average target of GBX 5,169.50 after recent target cuts by Jefferies and Citi).
Intertek Group plc (LON:ITRK - Get Free Report) insider Jeremy (Jez) Maiden bought 138 shares of the firm's stock in a transaction on Friday, March 13th. The shares were bought at an average cost of GBX 3,794 per share, with a total value of £5,235.72.
Intertek Group Trading Down 1.7%
Intertek Group stock opened at GBX 3,672 on Tuesday. Intertek Group plc has a 12 month low of GBX 3,664 and a 12 month high of GBX 5,150. The company has a quick ratio of 1.19, a current ratio of 1.08 and a debt-to-equity ratio of 152.20. The stock has a market cap of £5.64 billion, a P/E ratio of 16.43, a P/E/G ratio of 1.99 and a beta of 0.66. The company's fifty day simple moving average is GBX 4,407.88 and its 200-day simple moving average is GBX 4,633.59.
Intertek Group (LON:ITRK - Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 255.90 earnings per share (EPS) for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. As a group, sell-side analysts forecast that Intertek Group plc will post 263.7305699 EPS for the current fiscal year.
Intertek Group News Summary
Here are the key news stories impacting Intertek Group this week:
- Positive Sentiment: Multiple senior insiders bought shares on Friday March 13 at about GBX 3,794 each (Graham Allan, Tamara Ingram, Jeremy Maiden, Steven L. Mogford, Apurvi Sheth, Gurnek Bains, Hilde Merete Aasheim, Robin Freestone and others) and Andrew Martin bought 485 shares. These clustered purchases by executives can be read as a vote of confidence in near‑term prospects. Insider Buys
- Positive Sentiment: Jean‑Michel Valette purchased 154 shares at GBX 3,884 (slightly higher price) — another director-level buy that supports the pattern of insider accumulation. Valette Purchase
- Neutral Sentiment: Kawal Preet bought 160 shares on Monday March 16 at GBX 3,710 — a small purchase that is supportive but immaterial on its own. Kawal Preet Purchase
- Negative Sentiment: Two large insider sales were filed: Andre Lacroix sold 37,635 shares at GBX 3,794 (~£1.43m) and Colm Deasy sold 3,176 shares at GBX 3,794 (~£120k). Large disposals by senior insiders may weigh on sentiment and can signal portfolio rebalancing or personal liquidity needs rather than lack of confidence, but they increase near‑term supply. Insider Sales
Wall Street Analyst Weigh In
ITRK has been the subject of several research reports. Jefferies Financial Group reduced their price target on Intertek Group from GBX 5,800 to GBX 4,800 and set a "buy" rating for the company in a report on Thursday, March 5th. Citigroup lowered their target price on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a "buy" rating on the stock in a research report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Intertek Group presently has an average rating of "Moderate Buy" and an average target price of GBX 5,169.50.
Read Our Latest Report on ITRK
Intertek Group Company Profile
(
Get Free Report)
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.
Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.
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