Maxime Saada Buys 35,700 Shares of Canaan (LON:CAN) Stock

Canaan Inc (LON:CAN) insider Maxime Saada bought 35,700 shares of the stock in a transaction on Wednesday, March 11th. The stock was bought at an average price of GBX 245 per share, for a total transaction of £87,465.

Canaan Trading Down 1.8%

Shares of Canaan stock traded down GBX 4 on Thursday, reaching GBX 222.40. 10,842,827 shares of the stock were exchanged, compared to its average volume of 7,084,758. The firm has a market capitalization of £2.18 billion and a PE ratio of -14.83. Canaan Inc has a 1-year low of GBX 149.95 and a 1-year high of GBX 327.40. The business has a fifty day moving average price of GBX 289.54 and a two-hundred day moving average price of GBX 258.76.

Canaan (LON:CAN) last announced its quarterly earnings data on Friday, February 20th. The company reported GBX 11.20 EPS for the quarter. Canaan had a negative net margin of 2.30% and a negative return on equity of 3.20%.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on Canaan from GBX 400 to GBX 350 and set a “buy” rating on the stock in a report on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Canaan currently has a consensus rating of “Buy” and a consensus target price of GBX 350.

About Canaan

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.