Halma (LON:HLMA) Insider Marc Ronchetti Sells 47,000 Shares of Stock

Halma plc (LON:HLMA) insider Marc Ronchetti sold 47,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 3,813, for a total transaction of £1,792,110.

Marc Ronchetti also recently made the following trade(s):

• On Wednesday, June 24th, Marc Ronchetti sold 10,131 shares of Halma stock. The shares were sold at an average price of GBX 3,902, for a total transaction of £395,311.62.
• On Friday, June 26th, Marc Ronchetti sold 49,664 shares of Halma stock. The shares were sold at an average price of GBX 3,934, for a total transaction of £1,953,781.76.

Halma Trading Down 0.7%

HLMA stock opened at GBX 3,768 on Monday. The company has a current ratio of 2.14, a quick ratio of 1.51 and a debt-to-equity ratio of 42.13. Halma plc has a 12-month low of GBX 3,194 and a 12-month high of GBX 4,902. The stock has a market cap of £14.23 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 2.93 and a beta of 0.98. The business’s 50-day moving average is GBX 3,920.75 and its 200 day moving average is GBX 4,007.87.

Halma (LON:HLMA) last posted its quarterly earnings data on Thursday, June 11th. The company reported GBX 114.05 EPS for the quarter. Halma had a return on equity of 17.92% and a net margin of 14.42%.The company had revenue of GBX 258.23 billion during the quarter. On average, sell-side analysts anticipate that Halma plc will post 90.5626134 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HLMA has been the topic of a number of research reports. Shore Capital Group restated a “hold” rating on shares of Halma in a report on Monday, April 13th. Citigroup upped their target price on shares of Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a report on Friday, June 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 4,200 price target on shares of Halma in a research note on Thursday, July 16th. UBS Group reaffirmed a “buy” rating and set a £47,750 price objective on shares of Halma in a research note on Friday, June 5th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,050 target price on shares of Halma in a research note on Thursday, June 11th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of £5,339.51.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.