Jasi Halai Buys 4 Shares of 3i Group (LON:III) Stock

Key Points

• Jasi Halai, an insider at 3i Group, recently bought 4 shares at an average price of GBX 4,133 for a total of £165.32, indicating confidence in the company's stock performance.
• The stock of 3i Group (LON:III) is currently trading down 0.3%, reaching GBX 4,139, despite a market cap of £39.96 billion and a PE ratio of 10.44.
• Analysts maintain optimistic views on 3i Group, with JPMorgan Chase & Co. issuing an "overweight" rating and Citigroup setting a target price of GBX 4,850.

3i Group (LON:III - Get Free Report) insider Jasi Halai purchased 4 shares of the stock in a transaction on Thursday, July 31st. The shares were acquired at an average cost of GBX 4,133 ($54.88) per share, with a total value of £165.32 ($219.52).

Jasi Halai also recently made the following trade(s):

• On Monday, June 30th, Jasi Halai purchased 3 shares of 3i Group stock. The shares were acquired at an average cost of GBX 4,083 ($54.22) per share, with a total value of £122.49 ($162.65).
• On Tuesday, June 3rd, Jasi Halai sold 6,387 shares of 3i Group stock. The stock was sold at an average price of GBX 4,057 ($53.87), for a total value of £259,120.59 ($344,071.96).
• On Friday, May 30th, Jasi Halai bought 4 shares of 3i Group stock. The stock was purchased at an average cost of GBX 4,086 ($54.26) per share, with a total value of £163.44 ($217.02).

3i Group Stock Down 0.5%

III stock traded down GBX 20.60 ($0.27) on Friday, reaching GBX 4,130.40 ($54.85). 1,460,305 shares of the company traded hands, compared to its average volume of 5,732,521. 3i Group has a one year low of GBX 2,750 ($36.52) and a one year high of GBX 4,403.75 ($58.47). The company has a debt-to-equity ratio of 6.20, a current ratio of 3.25 and a quick ratio of 0.09. The company has a market cap of £39.88 billion, a P/E ratio of 10.42, a price-to-earnings-growth ratio of -0.35 and a beta of 1.01. The firm has a fifty day simple moving average of GBX 4,153.77 and a 200-day simple moving average of GBX 4,009.19.

3i Group (LON:III - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported GBX 522 ($6.93) EPS for the quarter. 3i Group had a return on equity of 19.97% and a net margin of 96.45%. Research analysts anticipate that 3i Group will post 622.7106227 earnings per share for the current year.

Wall Street Analyst Weigh In

III has been the subject of several research reports. Citigroup reissued a "buy" rating and issued a GBX 4,850 ($64.40) target price on shares of 3i Group in a research report on Tuesday, April 15th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of 3i Group in a research report on Friday, July 25th.

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure. We focus on opportunities where our sector and investment expertise, combined with our international presence and strong capital position, can create material value for our stakeholders.