Insider Buying: 3i Group (LON:III) Insider Acquires 15,000 Shares of Stock

3i Group (LON:III) insider James Hatchley bought 15,000 shares of 3i Group stock in a transaction dated Monday, November 17th. The stock was acquired at an average cost of GBX 3,397 per share, for a total transaction of £509,550.

3i Group Price Performance

Shares of III stock traded down GBX 103.50 during trading hours on Tuesday, hitting GBX 3,295.50. 109,825,805 shares of the company’s stock were exchanged, compared to its average volume of 8,227,524. 3i Group has a 52 week low of GBX 3,242 and a 52 week high of GBX 4,497. The stock has a market cap of £32.47 billion, a price-to-earnings ratio of 6.33, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The stock’s 50-day moving average is GBX 4,132.93 and its 200-day moving average is GBX 4,122.09.

3i Group (LON:III) last issued its quarterly earnings results on Thursday, November 13th. The company reported GBX 340.20 earnings per share (EPS) for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, research analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group reissued a “buy” rating and set a GBX 4,700 price target on shares of 3i Group in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating on the stock in a research report on Thursday, November 13th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of 3i Group in a research note on Monday. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 4,800 price target on shares of 3i Group in a research note on Friday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 4,600.

3i Group Company Profile

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.