Intertek Group (LON:ITRK) Insider Purchases £5,235.72 in Stock

Intertek Group plc (LON:ITRKGet Free Report) insider Jeremy (Jez) Maiden bought 138 shares of Intertek Group stock in a transaction on Friday, March 13th. The shares were purchased at an average price of GBX 3,794 per share, for a total transaction of £5,235.72.

Intertek Group Stock Down 1.7%

Shares of ITRK traded down GBX 62 on Monday, reaching GBX 3,672. The stock had a trading volume of 1,715,184 shares, compared to its average volume of 2,855,803. The firm has a market capitalization of £5.64 billion, a price-to-earnings ratio of 16.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. The company has a debt-to-equity ratio of 152.20, a quick ratio of 1.19 and a current ratio of 1.08. The company has a 50-day simple moving average of GBX 4,426.56 and a 200-day simple moving average of GBX 4,640.70. Intertek Group plc has a 12-month low of GBX 3,664 and a 12-month high of GBX 5,150.

Intertek Group (LON:ITRKGet Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 255.90 earnings per share for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. Sell-side analysts predict that Intertek Group plc will post 263.7305699 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Citigroup decreased their price target on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating for the company in a research note on Thursday, March 5th. Jefferies Financial Group cut their price objective on shares of Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating on the stock in a report on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,169.50.

Get Our Latest Analysis on Intertek Group

Intertek Group News Summary

Here are the key news stories impacting Intertek Group this week:

  • Positive Sentiment: Several directors and senior managers bought shares (total ~2,024 shares across ~11 transactions, ~£76.8k), which can be read as a sign of management confidence or opportunity buying at current levels. MarketBeat Insider Trades
  • Neutral Sentiment: Some purchases were small and clustered around the same price (GBX 3,794), suggesting routine or formulaic purchases (e.g., planned purchases or share plan activity) rather than a single bullish signal. MarketBeat Insider Trades
  • Negative Sentiment: Two large insider sales dominate the picture: Andre Lacroix sold 37,635 shares (~£1.43m) and Colm Deasy sold 3,176 shares (~£120.5k). The scale of these disposals outweighs the buys and is likely interpreted by the market as a negative signal or a source of selling pressure. MarketBeat Insider Trades

Intertek Group Company Profile

(Get Free Report)

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

Read More

Insider Buying and Selling by Quarter for Intertek Group (LON:ITRK)

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