Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Buys 15,000 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG) insider Michael W. R. Dobson acquired 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The stock was acquired at an average price of GBX 3,500 ($42.82) per share, with a total value of £525,000 ($642,358.99).

The Berkeley Group Stock Up 1.0 %

Shares of LON:BKG opened at GBX 3,630 ($44.41) on Friday. The company has a quick ratio of 0.57, a current ratio of 3.39 and a debt-to-equity ratio of 18.66. The Berkeley Group Holdings plc has a fifty-two week low of GBX 3,462 ($42.36) and a fifty-two week high of GBX 5,588.54 ($68.38). The stock has a market cap of £3.71 billion, a price-to-earnings ratio of 942.86, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22. The firm’s 50 day moving average price is GBX 4,030.56 and its 200 day moving average price is GBX 4,580.18.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered their target price on The Berkeley Group from GBX 5,000 ($61.18) to GBX 4,700 ($57.51) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.