FDM Group (LON:FDM) Insider Buys £500 in Stock

FDM Group (Holdings) plc (LON:FDM) insider Michael (Mike) McLaren bought 400 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were purchased at an average cost of GBX 125 per share, for a total transaction of £500.

Michael (Mike) McLaren also recently made the following trade(s):

• On Thursday, August 7th, Michael (Mike) McLaren bought 396 shares of FDM Group stock. The shares were purchased at an average cost of GBX 126 per share, for a total transaction of £498.96.
• On Friday, July 4th, Michael (Mike) McLaren bought 226 shares of FDM Group stock. The shares were purchased at an average cost of GBX 220 per share, for a total transaction of £497.20.

FDM Group Price Performance

LON:FDM opened at GBX 125 on Friday. The business’s 50-day moving average price is GBX 162.95 and its 200 day moving average price is GBX 206.10. The firm has a market cap of £136.48 million, a P/E ratio of 886.52 and a beta of 0.97. FDM Group has a 52-week low of GBX 117.60 and a 52-week high of GBX 420. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75.

FDM Group (LON:FDM) last announced its earnings results on Wednesday, July 30th. The company reported GBX 6.30 EPS for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. As a group, sell-side analysts predict that FDM Group will post 3132.5302111 earnings per share for the current fiscal year.

Analyst Ratings Changes

FDM has been the subject of several analyst reports. Shore Capital reaffirmed a “house stock” rating on shares of FDM Group in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reduced their target price on FDM Group from GBX 275 to GBX 145 and set a “hold” rating for the company in a report on Thursday, August 7th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, FDM Group currently has an average rating of “Hold” and an average price target of GBX 145.

About FDM Group

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.