Insider Buying: Ninety One Group (LON:N91) Insider Buys 76,988 Shares of Stock

Ninety One Group (LON:N91) insider Kim Mary McFarland purchased 76,988 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was bought at an average price of GBX 209 per share, for a total transaction of £160,904.92.

Ninety One Group Price Performance

Ninety One Group stock traded up GBX 1.80 during midday trading on Monday, reaching GBX 211.80. 701,112 shares of the stock traded hands, compared to its average volume of 1,057,685. The stock has a market cap of £1.82 billion, a P/E ratio of 12.31, a PEG ratio of 15.99 and a beta of 0.66. The stock’s fifty day moving average is GBX 214.27 and its 200-day moving average is GBX 193.09. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.60. Ninety One Group has a 12 month low of GBX 113.20 and a 12 month high of GBX 242.40.

Ninety One Group (LON:N91) last issued its quarterly earnings data on Monday, November 17th. The company reported GBX 8.40 earnings per share (EPS) for the quarter. Ninety One Group had a return on equity of 42.90% and a net margin of 26.24%. As a group, equities research analysts anticipate that Ninety One Group will post 15.1025641 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Ninety One Group from GBX 165 to GBX 190 and gave the stock a “hold” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. lifted their price target on Ninety One Group from GBX 223 to GBX 226 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 208.

About Ninety One Group

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.