Insider Buying: 3i Group (LON:III) Insider Buys 2,692 Shares of Stock

3i Group (LON:III) insider Jasi Halai purchased 2,692 shares of 3i Group stock in a transaction dated Friday, May 15th. The stock was bought at an average price of GBX 2,088 per share, for a total transaction of £56,208.96.

Jasi Halai also recently made the following trade(s):

• On Friday, May 15th, Jasi Halai bought 471 shares of 3i Group stock. The stock was bought at an average cost of GBX 2,175 per share, for a total transaction of £10,244.25.
• On Friday, May 15th, Jasi Halai bought 1,132 shares of 3i Group stock. The shares were bought at an average price of GBX 2,224 per share, for a total transaction of £25,175.68.
• On Friday, May 15th, Jasi Halai bought 470 shares of 3i Group stock. The shares were bought at an average price of GBX 2,168 per share, with a total value of £10,189.60.
• On Thursday, April 30th, Jasi Halai purchased 70 shares of 3i Group stock. The stock was bought at an average cost of GBX 2,572 per share, with a total value of £1,800.40.

3i Group Trading Up 5.2%

Shares of LON:III traded up GBX 108 during mid-day trading on Tuesday, reaching GBX 2,204. The stock had a trading volume of 258,308,141 shares, compared to its average volume of 31,298,063. The firm has a 50 day simple moving average of GBX 2,661.51 and a two-hundred day simple moving average of GBX 3,121.42. 3i Group has a twelve month low of GBX 1,825 and a twelve month high of GBX 4,497. The firm has a market cap of £22.43 billion, a PE ratio of 3.40, a price-to-earnings-growth ratio of -0.35 and a beta of 1.15. The company has a current ratio of 131.80, a quick ratio of 0.09 and a debt-to-equity ratio of 4.08.

3i Group (LON:III) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 539.40 earnings per share (EPS) for the quarter. 3i Group had a net margin of 1,236.92% and a return on equity of 17.91%. The firm had revenue of GBX 549.60 billion during the quarter. On average, research analysts predict that 3i Group will post 622.7106227 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on III shares. UBS Group reissued a “buy” rating and set a GBX 3,600 target price on shares of 3i Group in a research note on Monday, May 11th. Royal Bank Of Canada lowered shares of 3i Group to an “underperform” rating and reduced their target price for the stock from GBX 3,250 to GBX 3,000 in a research note on Monday, January 26th. Citigroup dropped their price target on 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 4,300 price target on shares of 3i Group in a research note on Friday. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 3,795.

About 3i Group

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.