Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Purchases 15,000 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG) insider Michael W. R. Dobson bought 15,000 shares of the stock in a transaction dated Tuesday, January 14th. The shares were acquired at an average price of GBX 3,500 ($42.73) per share, with a total value of £525,000 ($640,947.38).

The Berkeley Group Stock Up 3.4 %

BKG stock traded up GBX 116.95 ($1.43) during trading on Wednesday, hitting GBX 3,578.95 ($43.69). 480,484 shares of the stock traded hands, compared to its average volume of 450,321. The stock has a market cap of £3.66 billion, a price-to-earnings ratio of 929.60, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The Berkeley Group Holdings plc has a 1 year low of GBX 3,462 ($42.27) and a 1 year high of GBX 5,588.54 ($68.23). The firm’s 50 day moving average is GBX 4,063.42 and its two-hundred day moving average is GBX 4,596.98.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price objective on The Berkeley Group from GBX 5,000 ($61.04) to GBX 4,700 ($57.38) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

About The Berkeley Group

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.