abrdn (LON:ABDN) Insider Torbjörn Magnusson Acquires 90,190 Shares of Company Stock

abrdn plc (LON:ABDN) insider Torbjörn Magnusson acquired 90,190 shares of the firm’s stock in a transaction on Friday, October 30th. The shares were acquired at an average price of GBX 222 per share, with a total value of £200,221.80.

Torbjörn Magnusson also recently made the following trade(s):

• On Monday, September 21st, Torbjörn Magnusson bought 80,670 shares of abrdn stock. The stock was acquired at an average price of GBX 245 per share, for a total transaction of £197,641.50.

abrdn Stock Down 1.7%

Shares of LON ABDN traded down GBX 3.80 during mid-day trading on Friday, reaching GBX 220.60. The company had a trading volume of 1,896,876 shares, compared to its average volume of 21,103,539. The stock has a fifty day moving average of GBX 240.65 and a two-hundred day moving average of GBX 228.43. The company has a debt-to-equity ratio of 10.77, a quick ratio of 24.97 and a current ratio of 327.40. The company has a market capitalization of £3.95 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 12.70 and a beta of 1.40. abrdn plc has a 12-month low of GBX 179.60 and a 12-month high of GBX 265.

abrdn (LON:ABDN) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 8.40 earnings per share for the quarter. abrdn had a net margin of 28.07% and a return on equity of 7.37%. As a group, equities research analysts expect that abrdn plc will post 15.23 EPS for the current year.

Analyst Upgrades and Downgrades

ABDN has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 270 price target on shares of abrdn in a research note on Friday, July 31st. Jefferies Financial Group reissued a “hold” rating and issued a GBX 210 price objective on shares of abrdn in a research note on Thursday, July 30th. Two investment 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 226.50.

About abrdn

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