3i Group (LON:III) Insider Jasi Halai Acquires 4 Shares

Key Points

• Insider Activity: Jasi Halai, an insider at 3i Group, recently bought 4 shares at an average price of GBX 4,078 each, totaling £163.12.
• Stock Performance: 3i Group's stock traded down to GBX 3,962, with a 52-week range between GBX 3,054 and GBX 4,403.75, and a market capitalization of £38.25 billion.
• Analyst Rating: JPMorgan Chase & Co. has reiterated a(n) "overweight" rating on 3i Group shares, with the stock receiving an average "Buy" rating and a consensus price target of GBX 4,850.

3i Group (LON:III - Get Free Report) insider Jasi Halai acquired 4 shares of 3i Group stock in a transaction on Friday, August 29th. The stock was purchased at an average price of GBX 4,078 per share, with a total value of £163.12.

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

• On Thursday, July 31st, Jasi Halai bought 4 shares of 3i Group stock. The stock was purchased at an average price of GBX 4,133 per share, with a total value of £165.32.
• On Monday, June 30th, Jasi Halai bought 3 shares of 3i Group stock. The stock was purchased at an average price of GBX 4,083 per share, with a total value of £122.49.
• On Tuesday, June 3rd, Jasi Halai sold 6,387 shares of 3i Group stock. The shares were sold at an average price of GBX 4,057, for a total transaction of £259,120.59.

3i Group Price Performance

Shares of LON:III traded down GBX 57 during trading on Monday, reaching GBX 3,962. The stock had a trading volume of 612,685 shares, compared to its average volume of 5,226,186. 3i Group has a 52 week low of GBX 3,054 and a 52 week high of GBX 4,403.75. 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 business's 50-day moving average price is GBX 4,124.64 and its 200 day moving average price is GBX 4,033.65. The stock has a market capitalization of £38.25 billion, a PE ratio of 761.04, a P/E/G ratio of -0.35 and a beta of 1.01.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reissued an "overweight" rating on shares of 3i Group in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of GBX 4,850.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America. We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets. As proprietary capital investors we have a long-term, responsible approach. We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.