Crest Nicholson (LON:CRST) Insider Sells £69,576.27 in Stock

Key Points

• Insider sale: Director Martyn Clark sold 46,077 shares on March 2 at an average of GBX 151, for a total of £69,576.27.
• Recent insider activity: Clark also made small purchases earlier this year — 130 shares at GBX 153 (Feb 10), 106 shares at GBX 142 (Jan 12) and 113 shares at GBX 132 (Dec 10).
• Stock and analyst snapshot: CRST traded down to GBX 135.50 (‑0.7%), has a market cap of £347.75M and a high P/E of 150.56, while analysts rate it a "Moderate Buy" with an average target of GBX 195 (range ~GBX 160–230).

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider Martyn Clark sold 46,077 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total transaction of £69,576.27.

Martyn Clark also recently made the following trade(s):

• On Tuesday, February 10th, Martyn Clark purchased 130 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 153 per share, for a total transaction of £198.90.
• On Monday, January 12th, Martyn Clark purchased 106 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 142 per share, for a total transaction of £150.52.
• On Wednesday, December 10th, Martyn Clark acquired 113 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 132 per share, with a total value of £149.16.

Crest Nicholson Trading Down 0.7%

Shares of CRST stock traded down GBX 0.90 on Thursday, reaching GBX 135.50. 612,076 shares of the stock were exchanged, compared to its average volume of 1,712,351. The company has a quick ratio of 0.72, a current ratio of 2.63 and a debt-to-equity ratio of 24.15. The stock has a market cap of £347.75 million, a P/E ratio of 150.56, a price-to-earnings-growth ratio of 0.51 and a beta of 1.47. The firm has a 50 day moving average of GBX 147.97 and a two-hundred day moving average of GBX 152.10. Crest Nicholson Holdings plc has a 1-year low of GBX 125.71 and a 1-year high of GBX 198.50.

Crest Nicholson (LON:CRST - Get Free Report) last issued its earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. On average, research analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Peel Hunt reiterated an "add" rating and set a GBX 190 target price on shares of Crest Nicholson in a report on Tuesday, November 18th. Royal Bank Of Canada lifted their price target on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the company an "outperform" rating in a research report on Monday, February 2nd. Berenberg Bank decreased their price objective on shares of Crest Nicholson from GBX 195 to GBX 180 and set a "hold" rating for the company in a research note on Tuesday, November 18th. JPMorgan Chase & Co. cut their target price on shares of Crest Nicholson from GBX 190 to GBX 160 and set a "neutral" rating on the stock in a research note on Thursday, December 4th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 230 price target on shares of Crest Nicholson in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Crest Nicholson has an average rating of "Moderate Buy" and an average target price of GBX 195.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.

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