Insider Buying: Volex (LON:VLX) Insider Acquires 5,000 Shares of Stock

Key Points

  • Nathaniel Rothschild bought 5,000 Volex shares on March 19 at GBX 430 (£21,500) and previously acquired 95,000 shares on Jan 8 at GBX 399 (≈£379,050), signalling continued insider buying.
  • Jefferies raised its target to GBX 500 and gave a "Buy" rating; Volex holds a consensus Buy with an average target of GBX 422.50.
  • VLX opened at GBX 428.50, trades in a one‑year range of GBX 190–500, has a market cap of £786.97m and a P/E of 14.10, implying a mid‑range valuation versus its 12‑month high.

Volex plc (LON:VLX - Get Free Report) insider Nathaniel Rothschild bought 5,000 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were bought at an average cost of GBX 430 per share, for a total transaction of £21,500.

Nathaniel Rothschild also recently made the following trade(s):

  • On Thursday, January 8th, Nathaniel Rothschild purchased 95,000 shares of Volex stock. The stock was bought at an average cost of GBX 399 per share, with a total value of £379,050.

Volex Price Performance

VLX stock opened at GBX 428.50 on Friday. The company has a debt-to-equity ratio of 51.32, a current ratio of 1.66 and a quick ratio of 1.04. Volex plc has a 1 year low of GBX 190 and a 1 year high of GBX 500. The firm has a 50-day moving average of GBX 454.98 and a 200 day moving average of GBX 407.85. The company has a market cap of £786.97 million, a P/E ratio of 14.10 and a beta of 1.07.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group increased their target price on Volex from GBX 470 to GBX 500 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of GBX 422.50.

Read Our Latest Research Report on VLX

Volex Company Profile

(Get Free Report)

Volex plc (AIM:VLX) is a driving force in integrated manufacturing for mission-critical applications and a global leader in power and data connectivity solutions. Our diverse operations support international blue-chip customers in five key end-markets: Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology and Off-Highway. Headquartered in the UK, we orchestrate operations across 27 advanced manufacturing facilities, uniting 13,000 dynamic individuals from 25 different nations.

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