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CLS (LON:CLI) Insider Purchases £49,000 in Stock

CLS logo with Real Estate background
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Key Points

  • Insider purchase: On April 29 Fredrik Widlund bought 100,000 shares of CLS at GBX 49 (£49,000), adding to smaller purchases made in February and April.
  • Shares traded at GBX 48.34 mid‑day (near the one‑year low of GBX 46) and the company reported negative quarterly EPS (GBX −12.60), a negative net margin and a high debt‑to‑equity ratio (121.99), indicating weak financials and limited liquidity.
  • Analyst view: Berenberg raised its target to GBX 80 with a Buy rating, and the consensus is a "Moderate Buy" with an average price target of GBX 75.
  • Interested in CLS? Here are five stocks we like better.

CLS Holdings plc (LON:CLI - Get Free Report) insider Fredrik Widlund acquired 100,000 shares of the stock in a transaction that occurred on Wednesday, April 29th. The stock was acquired at an average price of GBX 49 per share, for a total transaction of £49,000.

Fredrik Widlund also recently made the following trade(s):

  • On Monday, April 13th, Fredrik Widlund bought 256 shares of CLS stock. The shares were acquired at an average price of GBX 59 per share, with a total value of £151.04.
  • On Monday, February 9th, Fredrik Widlund bought 244 shares of CLS stock. The stock was acquired at an average price of GBX 62 per share, for a total transaction of £151.28.

CLS Price Performance

CLS stock traded down GBX 0.66 during mid-day trading on Wednesday, hitting GBX 48.34. 803,055 shares of the company traded hands, compared to its average volume of 1,210,576. The stock has a fifty day moving average price of GBX 52.76 and a 200-day moving average price of GBX 57.25. The stock has a market cap of £192.44 million, a price-to-earnings ratio of -3.84 and a beta of 1.03. CLS Holdings plc has a one year low of GBX 46 and a one year high of GBX 73. The company has a debt-to-equity ratio of 121.99, a quick ratio of 0.59 and a current ratio of 0.29.

CLS (LON:CLI - Get Free Report) last posted its quarterly earnings data on Friday, March 13th. The company reported GBX (12.60) earnings per share for the quarter. CLS had a negative net margin of 36.01% and a negative return on equity of 6.67%. On average, equities analysts predict that CLS Holdings plc will post 10.0104167 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on CLS from GBX 70 to GBX 80 and gave the stock a "buy" rating in a research report on Monday, January 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of GBX 75.

Read Our Latest Stock Analysis on CLS

CLS Company Profile

(Get Free Report)

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants' businesses to grow.

See Also

Insider Buying and Selling by Quarter for CLS (LON:CLI)

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