Key Points
- Cindy Rose sold 41,571 WPP shares on March 10 at an average price of GBX 256, for a total of £106,421.76.
- She had previously acquired 50,000 shares on February 26 at GBX 269 (£134,500), showing insider buying and selling within weeks.
- WPP reported a negative quarterly EPS (GBX -20) with negative ROE and net margin, and the stock trades below its 50- and 200-day moving averages (current ~GBX 255.40 vs 50-day GBX 291.82 and 200-day GBX 324.03), while analysts hold a consensus Hold rating with a GBX 362.50 target.
WPP plc (LON:WPP - Get Free Report) insider Cindy Rose sold 41,571 shares of WPP stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of GBX 256, for a total transaction of £106,421.76.
Cindy Rose also recently made the following trade(s):
- On Thursday, February 26th, Cindy Rose acquired 50,000 shares of WPP stock. The stock was purchased at an average price of GBX 269 per share, for a total transaction of £134,500.
WPP Stock Performance
LON:WPP opened at GBX 255.40 on Thursday. The firm has a 50-day moving average of GBX 291.82 and a two-hundred day moving average of GBX 324.03. The company has a debt-to-equity ratio of 334.84, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a market cap of £2.76 billion, a P/E ratio of 7.38, a PEG ratio of 13.47 and a beta of 0.53. WPP plc has a 1-year low of GBX 238 and a 1-year high of GBX 641.23.
WPP (LON:WPP - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported GBX (20) earnings per share (EPS) for the quarter. WPP had a negative return on equity of 7.54% and a negative net margin of 1.59%. On average, research analysts expect that WPP plc will post 81.6125654 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Citigroup restated a "neutral" rating and set a GBX 365 price objective on shares of WPP in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of GBX 362.50.
View Our Latest Stock Report on WPP
WPP Company Profile
(
Get Free Report)
WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.
We are a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.
See Also
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].
