Insider Buying: Jupiter Fund Management Plc (LON:JUP) Insider Purchases 30,000 Shares of Stock

Jupiter Fund Management Plc (LON:JUP) insider James Macpherson purchased 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of GBX 83 ($1.06) per share, with a total value of £24,900 ($31,655.23).

Jupiter Fund Management Stock Up 3.6 %

Shares of LON JUP traded up GBX 3 ($0.04) during mid-day trading on Wednesday, reaching GBX 86 ($1.09). The company had a trading volume of 760,956 shares, compared to its average volume of 1,117,303. Jupiter Fund Management Plc has a 52-week low of GBX 71.10 ($0.90) and a 52-week high of GBX 95 ($1.21). The stock has a market cap of £442.28 million, a P/E ratio of -4,150.00 and a beta of 1.42. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The firm has a 50 day simple moving average of GBX 82.97 and a two-hundred day simple moving average of GBX 82.82.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 100 ($1.27) price target on shares of Jupiter Fund Management in a research note on Tuesday, September 3rd. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 89.25 ($1.13).

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.