Insider Buying: Beazley plc (LON:BEZ) Insider Purchases £36,800 in Stock

Beazley plc (LON:BEZ) insider John Reizenstein bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were purchased at an average price of GBX 736 ($9.27) per share, with a total value of £36,800 ($46,330.10).

Beazley Stock Performance

Beazley stock opened at GBX 776 ($9.77) on Friday. The stock’s 50 day moving average price is GBX 767.72 and its 200 day moving average price is GBX 718.51. The firm has a market capitalization of £4.87 billion, a PE ratio of 515.54, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. The company has a debt-to-equity ratio of 14.99, a quick ratio of 6.45 and a current ratio of 21.78. Beazley plc has a one year low of GBX 493.80 ($6.22) and a one year high of GBX 805.55 ($10.14).

Wall Street Analyst Weigh In

Separately, Berenberg Bank boosted their target price on Beazley from GBX 880 ($11.08) to GBX 950 ($11.96) and gave the stock a “buy” rating in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Beazley presently has an average rating of “Buy” and an average price target of GBX 943 ($11.87).

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.