Beazley plc (LON:BEZ) Insider Purchases £77,900 in Stock

Beazley plc (LON:BEZ) insider Fiona Muldoon acquired 10,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average price of GBX 779 ($10.42) per share, for a total transaction of £77,900 ($104,200.11).

Beazley Price Performance

Shares of BEZ opened at GBX 761.50 ($10.19) on Thursday. The company has a market cap of £4.79 billion, a price-to-earnings ratio of 525.17, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Beazley plc has a twelve month low of GBX 493.80 ($6.61) and a twelve month high of GBX 790 ($10.57). The company has a quick ratio of 6.45, a current ratio of 21.78 and a debt-to-equity ratio of 14.99. The company has a 50 day moving average of GBX 732.44 and a two-hundred day moving average of GBX 692.21.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price objective on shares of Beazley from GBX 880 ($11.77) to GBX 950 ($12.71) and gave the company a “buy” rating in a research note on Thursday, August 8th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 943 ($12.61).

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.