Adrian Cox Sells 77,032 Shares of Beazley (LON:BEZ) Stock

Key Points

• Insider sale: Beazley insider Adrian Cox sold 77,032 shares on March 4 at an average price of GBX 1,289, generating proceeds of approximately £992,942.48.
• Stock and valuation: Shares were trading around GBX 1,288 (one‑year range GBX 750–1,293) with a market cap of £7.59 billion and a P/E of 8.53.
• Analyst consensus: The stock carries an average rating of "Moderate Buy" from six analysts (five Buys, one Hold) with an average target price of GBX 1,074.17.

Beazley plc (LON:BEZ - Get Free Report) insider Adrian Cox sold 77,032 shares of the firm's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of GBX 1,289, for a total transaction of £992,942.48.

Beazley Price Performance

Shares of LON BEZ remained flat at GBX 1,288 during trading on Friday. 7,829,517 shares of the stock traded hands, compared to its average volume of 28,798,922. Beazley plc has a one year low of GBX 750 and a one year high of GBX 1,293. The company has a market cap of £7.59 billion, a price-to-earnings ratio of 8.53, a P/E/G ratio of 1.57 and a beta of 0.26. The stock has a 50-day moving average of GBX 1,085.96 and a 200-day moving average of GBX 931.09.

Wall Street Analyst Weigh In

A number of research analysts have commented on BEZ shares. Peel Hunt reissued an "add" rating and set a GBX 900 target price on shares of Beazley in a report on Tuesday, November 25th. Berenberg Bank dropped their price objective on shares of Beazley from GBX 1,150 to GBX 1,100 and set a "buy" rating on the stock in a research note on Wednesday, November 26th. Citigroup cut shares of Beazley to a "neutral" rating and raised their target price for the stock from GBX 1,025 to GBX 1,280 in a report on Thursday, January 22nd. JPMorgan Chase & Co. decreased their target price on Beazley from GBX 1,050 to GBX 1,025 and set an "overweight" rating for the company in a research note on Wednesday, November 26th. Finally, Jefferies Financial Group increased their price target on Beazley from GBX 1,000 to GBX 1,040 and gave the stock a "buy" rating in a research report on Wednesday, November 12th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.

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