Vistry Group PLC (LON:VTY – Get Free Report) shares traded down 16.1% during mid-day trading on Tuesday . The stock traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). 4,971,120 shares changed hands during trading, an increase of 148% from the average session volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. decreased their target price on shares of Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating for the company in a research note on Thursday, December 5th.
Read Our Latest Analysis on Vistry Group
Vistry Group Trading Down 16.1 %
Insider Activity
In other news, insider Greg Fitzgerald purchased 20,498 shares of the stock in a transaction dated Tuesday, October 8th. The shares were bought at an average cost of GBX 966 ($12.11) per share, for a total transaction of £198,010.68 ($248,227.00). Also, insider Usman Nabi bought 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average cost of GBX 737 ($9.24) per share, with a total value of £3,685,000 ($4,619,531.15). Over the last ninety days, insiders have acquired 1,324,543 shares of company stock valued at $1,136,907,044. Company insiders own 0.64% of the company’s stock.
About Vistry Group
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.
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