Insider Buying: Mortgage Advice Bureau (LON:MAB1) Insider Acquires £1,867.30 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Nathan James McLean Imlach bought 263 shares of Mortgage Advice Bureau stock in a transaction dated Tuesday, September 30th. The stock was acquired at an average cost of GBX 710 per share, with a total value of £1,867.30.

Nathan James McLean Imlach also recently made the following trade(s):

• On Friday, August 29th, Nathan James McLean Imlach purchased 246 shares of Mortgage Advice Bureau stock. The shares were bought at an average cost of GBX 755 per share, for a total transaction of £1,857.30.
• On Thursday, July 31st, Nathan James McLean Imlach purchased 228 shares of Mortgage Advice Bureau stock. The stock was bought at an average price of GBX 817 per share, for a total transaction of £1,862.76.

Mortgage Advice Bureau Trading Down 2.7%

Mortgage Advice Bureau stock opened at GBX 710 on Friday. The stock has a 50 day moving average of GBX 745.57 and a two-hundred day moving average of GBX 786.76. Mortgage Advice Bureau has a twelve month low of GBX 550 and a twelve month high of GBX 924. The stock has a market capitalization of £415.08 million, a price-to-earnings ratio of 2,591.24, a PEG ratio of 0.81 and a beta of 1.14.

Mortgage Advice Bureau (LON:MAB1) last released its earnings results on Tuesday, September 23rd. The company reported GBX 11.80 earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. Equities analysts predict that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,150 target price on shares of Mortgage Advice Bureau in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 1,150.

About Mortgage Advice Bureau

MAB is one of the UK’s leading consumer intermediary brands and specialist networks for mortgage advisers.

Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products.