Insider Buying: 3i Group (LON:III) Insider Buys £92,885.20 in Stock

3i Group (LON:III) insider David Hutchison purchased 3,181 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of GBX 2,920 per share, for a total transaction of £92,885.20.

3i Group Trading Down 1.7%

Shares of III stock opened at GBX 2,871 on Friday. The company has a market capitalization of £28.90 billion, a P/E ratio of 5.33, a price-to-earnings-growth ratio of -0.35 and a beta of 1.63. The company has a current ratio of 131.80, a quick ratio of 0.09 and a debt-to-equity ratio of 4.08. The business’s 50 day moving average is GBX 2,508 and its two-hundred day moving average is GBX 2,737. 3i Group has a twelve month low of GBX 1,825 and a twelve month high of GBX 4,497.

3i Group (LON:III) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. 3i Group had a net margin of 1,236.92% and a return on equity of 17.91%. The firm had revenue of GBX 549.60 billion during the quarter. Equities analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on III. UBS Group reiterated a “buy” rating and set a GBX 3,600 price target on shares of 3i Group in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,527 price target on shares of 3i Group in a research note on Friday, June 26th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,601.75.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.