Key Points
- Insider buying: Jupiter Fund Management insider Matthew Beesley bought 671 shares on May 27 at GBX 164 per share, a transaction worth about £1,100.44.
- Recent insider selling: Beesley had previously sold 23,463 shares in April and 308,933 shares in March, indicating he has been a net seller over the recent period.
- Stock and analyst outlook: The shares were trading around GBX 159.40, with analysts maintaining a Hold consensus and an average target price of GBX 152, while Deutsche Bank recently raised its target to GBX 180.
Jupiter Fund Management Plc (LON:JUP - Get Free Report) insider Matthew Beesley bought 671 shares of the business's stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average cost of GBX 164 per share, with a total value of £1,100.44.
Matthew Beesley also recently made the following trade(s):
- On Monday, April 13th, Matthew Beesley sold 23,463 shares of Jupiter Fund Management stock. The stock was sold at an average price of GBX 158, for a total value of £37,071.54.
- On Monday, March 2nd, Matthew Beesley sold 308,933 shares of Jupiter Fund Management stock. The stock was sold at an average price of GBX 188, for a total value of £580,794.04.
Jupiter Fund Management Stock Performance
LON:JUP opened at GBX 159.40 on Friday. The stock has a fifty day moving average price of GBX 160.53 and a two-hundred day moving average price of GBX 166.48. The stock has a market capitalization of £800.16 million, a price-to-earnings ratio of 8.91 and a beta of 1.30. Jupiter Fund Management Plc has a 1 year low of GBX 88.30 and a 1 year high of GBX 214.50.
Jupiter Fund Management (LON:JUP - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported GBX 19.40 earnings per share (EPS) for the quarter. Jupiter Fund Management had a return on equity of 11.49% and a net margin of 21.19%. On average, analysts predict that Jupiter Fund Management Plc will post 8.5093781 EPS for the current year.
Jupiter Fund Management declared that its board has initiated a stock buyback program on Wednesday, April 8th that allows the company to repurchase 0 shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft increased their price objective on Jupiter Fund Management from GBX 175 to GBX 180 and gave the stock a "hold" rating in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of GBX 152.
Get Our Latest Stock Analysis on JUP
Jupiter Fund Management Company Profile
(
Get Free Report)
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.
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