Chris Carney Acquires 138 Shares of Taylor Wimpey (LON:TW) Stock

Key Points

  • Insider buying: Director Chris Carney purchased a total of 425 Taylor Wimpey shares across three trades (147 on Dec 8 at GBX 102, 140 on Jan 8 at GBX 108, and 138 on Feb 9 at GBX 108), signaling continued insider accumulation.
  • Analyst consensus: Ratings are split (four Buy, four Hold) but the street averages a “Moderate Buy” with an average price target of GBX 126.
  • Stock and valuation snapshot: Taylor Wimpey trades around GBX 110 with a market cap of about £3.95 billion and a PE of 16.05, while its 50- and 200-day moving averages sit near GBX 105 and GBX 103 respectively.

Taylor Wimpey plc (LON:TW - Get Free Report) insider Chris Carney bought 138 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were acquired at an average price of GBX 108 per share, for a total transaction of £149.04.

Chris Carney also recently made the following trade(s):

  • On Thursday, January 8th, Chris Carney bought 140 shares of Taylor Wimpey stock. The stock was acquired at an average price of GBX 108 per share, with a total value of £151.20.
  • On Monday, December 8th, Chris Carney purchased 147 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 102 per share, for a total transaction of £149.94.

Taylor Wimpey Stock Performance

Taylor Wimpey stock opened at GBX 110 on Wednesday. The company has a market cap of £3.95 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The stock's 50-day simple moving average is GBX 105.46 and its 200 day simple moving average is GBX 103.09.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a "neutral" rating and a GBX 109 price target for the company. Citigroup decreased their target price on Taylor Wimpey from GBX 143 to GBX 137 and set a "buy" rating for the company in a research report on Friday, January 16th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 150 price target on shares of Taylor Wimpey in a report on Friday, January 16th. Berenberg Bank reissued a "buy" rating and issued a GBX 128 price objective on shares of Taylor Wimpey in a research note on Thursday, January 15th. Finally, Jefferies Financial Group lowered their target price on Taylor Wimpey from GBX 140 to GBX 132 and set a "buy" rating on the stock in a research report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 126.




Check Out Our Latest Stock Analysis on Taylor Wimpey

About Taylor Wimpey

(Get Free Report)

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.

See Also

Insider Buying and Selling by Quarter for Taylor Wimpey (LON:TW)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Taylor Wimpey?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Taylor Wimpey and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles