Man Group Plc (LON:EMG) Insider Sells £629,785.80 in Stock

Man Group Plc (LON:EMG) insider Robyn Grew sold 299,898 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 210 ($2.72), for a total value of £629,785.80 ($815,784.72).

Man Group Price Performance

EMG traded up GBX 3.20 ($0.04) during trading on Friday, hitting GBX 209.20 ($2.71). The company’s stock had a trading volume of 1,999,537 shares, compared to its average volume of 10,852,491. The firm’s 50 day moving average price is GBX 209.39 and its two-hundred day moving average price is GBX 210.11. The company has a quick ratio of 1.58, a current ratio of 0.99 and a debt-to-equity ratio of 27.76. The stock has a market capitalization of £3.02 billion, a price-to-earnings ratio of 9.87, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. Man Group Plc has a 12 month low of GBX 196.87 ($2.55) and a 12 month high of GBX 279.23 ($3.62).

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Canaccord Genuity Group upgraded Man Group to a “buy” rating and increased their price objective for the stock from GBX 194 ($2.51) to GBX 272 ($3.52) in a research note on Wednesday, December 11th. Canaccord Genuity Group upgraded shares of Man Group to a “buy” rating and increased their target price for the stock from GBX 194 ($2.51) to GBX 272 ($3.52) in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Man Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 291.17 ($3.77).

About Man Group

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers’ capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society.