Admiral Group (LON:ADM) Insider Milena Mondini de Focatiis Sells 32,457 Shares

Key Points

• Milena Mondini de Focatiis, an insider at Admiral Group, sold 32,457 shares of the company's stock for a total value of £1,059,721.05 on September 22.
• Analysts have differing ratings on Admiral Group, with Berenberg Bank setting a target price of GBX 4,000 and a "buy" rating, while Peel Hunt downgraded the stock to a "sell" with a target of GBX 2,350.
• Admiral Group's current market capitalization stands at £9.83 billion, with a P/E ratio of 1,218.52 and a 12-month stock price range between GBX 2,383 and 3,686.

Admiral Group plc (LON:ADM - Get Free Report) insider Milena Mondini de Focatiis sold 32,457 shares of the business's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of GBX 3,265, for a total transaction of £1,059,721.05.

Admiral Group Stock Performance

LON ADM traded down GBX 22 during trading on Monday, reaching GBX 3,290. The company's stock had a trading volume of 289,440 shares, compared to its average volume of 2,539,634. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01. The firm has a market capitalization of £9.83 billion, a price-to-earnings ratio of 1,218.52, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. Admiral Group plc has a 12 month low of GBX 2,383 and a 12 month high of GBX 3,686. The firm has a 50 day moving average price of GBX 3,422.84 and a 200 day moving average price of GBX 3,274.34.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ADM. Citigroup boosted their price objective on shares of Admiral Group to GBX 260 and gave the company a "neutral" rating in a report on Tuesday, July 29th. Peel Hunt downgraded shares of Admiral Group to a "sell" rating and boosted their price objective for the company from GBX 2,270 to GBX 2,350 in a report on Friday, September 5th. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 4,100 price objective on shares of Admiral Group in a report on Tuesday, September 2nd. Berenberg Bank boosted their target price on shares of Admiral Group from GBX 3,850 to GBX 4,000 and gave the company a "buy" rating in a research report on Friday, August 15th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Admiral Group from GBX 2,700 to GBX 3,050 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of GBX 2,752.

About Admiral Group

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales' only FTSE 100 Company.