Barclays PLC (LON:BARC) Insider C.S. Venkatakrishnan Acquires 44,562 Shares

Barclays PLC (LON:BARC) insider C.S. Venkatakrishnan acquired 44,562 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The stock was purchased at an average price of GBX 326 ($4.41) per share, for a total transaction of £145,272.12 ($196,685.78).

C.S. Venkatakrishnan also recently made the following trade(s):

• On Friday, June 20th, C.S. Venkatakrishnan sold 23,395 shares of Barclays stock. The stock was sold at an average price of GBX 326 ($4.41), for a total transaction of £76,267.70 ($103,259.82).

Barclays Price Performance

LON:BARC traded up GBX 14.85 ($0.20) during midday trading on Tuesday, reaching GBX 333.50 ($4.52). The stock had a trading volume of 56,288,828 shares, compared to its average volume of 49,927,711. The stock has a market capitalization of £47.88 billion, a P/E ratio of 9.80, a PEG ratio of 1.15 and a beta of 1.36. Barclays PLC has a 1-year low of GBX 196.44 ($2.66) and a 1-year high of GBX 334.25 ($4.53). The firm’s fifty day simple moving average is GBX 311.70 and its 200-day simple moving average is GBX 293.46.

Barclays (LON:BARC) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported GBX 13 ($0.18) earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. On average, equities research analysts anticipate that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BARC has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 350 ($4.74) price target on shares of Barclays in a report on Monday, February 24th. Shore Capital reaffirmed a “buy” rating on shares of Barclays in a research report on Wednesday, April 30th. Citigroup upped their price target on Barclays from GBX 320 ($4.33) to GBX 350 ($4.74) and gave the stock a “buy” rating in a research note on Thursday, March 6th. Finally, JPMorgan Chase & Co. raised their price objective on Barclays from GBX 370 ($5.01) to GBX 410 ($5.55) and gave the company a “top pick” rating in a research note on Tuesday, March 25th.

Barclays Company Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.