Insider Buying: Barclays PLC (LON:BARC) Insider Acquires 3,028 Shares of Stock

Barclays PLC (LON:BARC) insider Robert Berry purchased 3,028 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was bought at an average cost of GBX 294 ($3.71) per share, with a total value of £8,902.32 ($11,231.79).

Barclays Price Performance

BARC stock traded up GBX 3.80 ($0.05) during midday trading on Tuesday, hitting GBX 308.20 ($3.89). 31,608,924 shares of the stock traded hands, compared to its average volume of 43,805,855. The firm has a market cap of £44.25 billion, a P/E ratio of 9.06, a PEG ratio of 1.15 and a beta of 1.36. The stock’s fifty day simple moving average is GBX 279.52 and its 200-day simple moving average is GBX 251.50. Barclays PLC has a 1-year low of GBX 146.50 ($1.85) and a 1-year high of GBX 312.40 ($3.94).

Barclays (LON:BARC) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.45) EPS for the quarter. Barclays had a net margin of 19.54% and a return on equity of 6.97%. On average, research analysts predict that Barclays PLC will post 39.1062802 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BARC. JPMorgan Chase & Co. raised their target price on shares of Barclays from GBX 350 ($4.42) to GBX 360 ($4.54) and gave the stock an “overweight” rating in a report on Monday, January 13th. Shore Capital reissued a “buy” rating on shares of Barclays in a report on Thursday, January 30th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Barclays currently has an average rating of “Buy” and an average price target of GBX 294 ($3.71).

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.