Insider Buying: Pearson plc (LON:PSON) Insider Purchases £9,371.42 in Stock

Pearson plc (LON:PSON) insider Sherry Coutu bought 731 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of GBX 1,282 ($16.12) per share, with a total value of £9,371.42 ($11,782.02).

Sherry Coutu also recently made the following trade(s):

• On Monday, September 30th, Sherry Coutu purchased 922 shares of Pearson stock. The stock was purchased at an average price of GBX 1,017 ($12.79) per share, for a total transaction of £9,376.74 ($11,788.71).

Pearson Stock Performance

Shares of Pearson stock opened at GBX 1,278.50 ($16.07) on Thursday. The stock has a market capitalization of £8.49 billion, a price-to-earnings ratio of 2,557.00, a PEG ratio of 0.83 and a beta of 0.31. The firm has a fifty day moving average of GBX 1,157.76 and a two-hundred day moving average of GBX 1,060.71. The company has a debt-to-equity ratio of 43.56, a quick ratio of 1.07 and a current ratio of 1.78. Pearson plc has a 52 week low of GBX 925.20 ($11.63) and a 52 week high of GBX 1,286 ($16.17).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upped their target price on shares of Pearson from GBX 1,170 ($14.71) to GBX 1,400 ($17.60) and gave the company an “overweight” rating in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,146.75 ($14.42).

Pearson Company Profile

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.