Adrian Cox Sells 27,772 Shares of Beazley plc (LON:BEZ) Stock

Beazley plc (LON:BEZ) insider Adrian Cox sold 27,772 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of GBX 902 ($11.66), for a total value of £250,503.44 ($323,773.35).

Beazley Stock Down 0.8 %

Shares of LON:BEZ opened at GBX 887 ($11.46) on Friday. The stock’s 50 day moving average is GBX 835.25 and its 200-day moving average is GBX 797.34. The firm has a market capitalization of £6.82 billion, a price-to-earnings ratio of 5.55, a PEG ratio of 1.57 and a beta of 0.68. Beazley plc has a twelve month low of GBX 611 ($7.90) and a twelve month high of GBX 925 ($11.96).

Beazley (LON:BEZ) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 137 ($1.77) EPS for the quarter. Beazley had a return on equity of 32.60% and a net margin of 22.82%. Equities research analysts anticipate that Beazley plc will post 101.6172507 earnings per share for the current fiscal year.

Beazley announced that its board has approved a share buyback program on Tuesday, March 4th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

About Beazley

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.