FDM Group (Holdings) plc (LON:FDM) Insider Michael (Mike) McLaren Acquires 396 Shares

Key Points

• Insider Michael (Mike) McLaren purchased 396 shares of FDM Group at an average price of GBX 126 ($1.69), totaling £498.96 ($671.01).
• FDM Group's latest quarterly earnings report showed an EPS of GBX 6.30 ($0.08) with a net margin of 10.34% and a return on equity of 42.26%.
• Analysts have revised their price target for FDM Group, with Deutsche Bank lowering their target from GBX 275 ($3.70) to GBX 145 ($1.95), maintaining a "hold" rating.

FDM Group (Holdings) plc (LON:FDM - Get Free Report) insider Michael (Mike) McLaren bought 396 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average price of GBX 126 ($1.69) per share, with a total value of £498.96 ($670.83).

Michael (Mike) McLaren also recently made the following trade(s):

• On Friday, July 4th, Michael (Mike) McLaren purchased 226 shares of FDM Group stock. The stock was purchased at an average price of GBX 220 ($2.96) per share, with a total value of £497.20 ($668.46).
• On Thursday, June 5th, Michael (Mike) McLaren acquired 221 shares of FDM Group stock. The shares were purchased at an average cost of GBX 226 ($3.04) per share, with a total value of £499.46 ($671.50).
• On Tuesday, June 3rd, Michael (Mike) McLaren sold 13,699 shares of FDM Group stock. The stock was sold at an average price of GBX 226 ($3.04), for a total transaction of £30,959.74 ($41,623.74).

FDM Group Stock Performance

FDM stock traded up GBX 0.60 ($0.01) during trading on Friday, hitting GBX 124 ($1.67). The company had a trading volume of 3,008,751 shares, compared to its average volume of 592,066. The firm has a market cap of £135.37 million, a PE ratio of 4.45 and a beta of 0.97. FDM Group has a 1-year low of GBX 117.60 ($1.58) and a 1-year high of GBX 443.50 ($5.96). The firm has a 50-day moving average price of GBX 197.64 and a 200-day moving average price of GBX 221.53. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 28.75.

FDM Group (LON:FDM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 6.30 ($0.08) earnings per share (EPS) for the quarter. FDM Group had a return on equity of 42.26% and a net margin of 10.34%. On average, analysts expect that FDM Group will post 3132.5302111 earnings per share for the current year.

Wall Street Analyst Weigh In

FDM has been the subject of a number of research reports. Shore Capital reissued a "house stock" rating on shares of FDM Group in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of FDM Group from GBX 275 ($3.70) to GBX 145 ($1.95) and set a "hold" rating on the stock in a research note on Thursday.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.