Insider Selling: Beazley (LON:BEZ) Insider Sells 15,223 Shares of Stock

Beazley plc (LON:BEZ) insider Adrian Cox sold 15,223 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 1,279, for a total value of £194,702.17.

Adrian Cox also recently made the following trade(s):

• On Wednesday, March 4th, Adrian Cox sold 77,032 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total value of £992,942.48.

Beazley Price Performance

Shares of LON:BEZ opened at GBX 1,281.03 on Thursday. Beazley plc has a 12 month low of GBX 750 and a 12 month high of GBX 1,293. The stock has a market cap of £7.57 billion, a price-to-earnings ratio of 8.85, a PEG ratio of 1.57 and a beta of 0.28. The stock’s 50 day moving average price is GBX 1,275.89 and its 200 day moving average price is GBX 1,087.18.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Beazley to a “neutral” rating and lifted their price target for the stock from GBX 1,025 to GBX 1,280 in a research report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.