Insider Buying: abrdn (LON:ABDN) Insider Buys £19,420.95 in Stock

abrdn plc (LON:ABDN) insider Katie Bickerstaffe bought 9,033 shares of the stock in a transaction on Friday, October 23rd. The stock was acquired at an average price of GBX 215 per share, with a total value of £19,420.95.

Katie Bickerstaffe also recently made the following trade(s):

• On Thursday, July 30th, Katie Bickerstaffe purchased 8,313 shares of abrdn stock. The stock was bought at an average cost of GBX 240 per share, with a total value of £19,951.20.

abrdn Price Performance

Shares of LON ABDN opened at GBX 221.40 on Thursday. The firm’s 50-day moving average price is GBX 241.02 and its 200-day moving average price is GBX 228.36. abrdn plc has a 1-year low of GBX 179.60 and a 1-year high of GBX 265. The firm has a market capitalization of £3.97 billion, a P/E ratio of 10.59, a P/E/G ratio of 12.70 and a beta of 1.40. The company has a current ratio of 327.40, a quick ratio of 24.97 and a debt-to-equity ratio of 10.77.

abrdn (LON:ABDN) last issued its earnings results on Wednesday, July 29th. The company reported GBX 8.40 EPS for the quarter. abrdn had a return on equity of 7.37% and a net margin of 28.07%. Equities research analysts anticipate that abrdn plc will post 15.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 270 price target on shares of abrdn in a report on Friday, July 31st. Jefferies Financial Group restated a “hold” rating and set a GBX 210 price objective on shares of abrdn in a report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 226.50.

About abrdn

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