FirstGroup plc (LON:FGP) Insider Ryan Mangold Buys 65 Shares

Key Points

• Insider Activity: Ryan Mangold, an insider at FirstGroup plc, purchased 65 shares at £149.50 ($201.84) on August 11th, following a recent acquisition of 67 shares on July 10th.
• Stock Performance: FirstGroup shares are currently trading at GBX 228 ($3.08), showing a decline of 1.4%, with a market cap of £1.34 billion and a P/E ratio of -106.53.
• Analyst Upgrades: Berenberg Bank raised its price target for FirstGroup from GBX 215 ($2.90) to GBX 240 ($3.24), providing a "buy" rating in their latest report.

FirstGroup plc (LON:FGP - Get Free Report) insider Ryan Mangold acquired 65 shares of the company's stock in a transaction on Monday, August 11th. The shares were purchased at an average cost of GBX 230 ($3.11) per share, with a total value of £149.50 ($201.84).

Ryan Mangold also recently made the following trade(s):

• On Thursday, July 10th, Ryan Mangold acquired 67 shares of FirstGroup stock. The shares were purchased at an average cost of GBX 223 ($3.01) per share, with a total value of £149.41 ($201.71).
• On Friday, June 13th, Ryan Mangold sold 950,000 shares of FirstGroup stock. The stock was sold at an average price of GBX 224 ($3.02), for a total transaction of £2,128,000 ($2,872,958.01).
• On Friday, June 13th, Ryan Mangold sold 50,000 shares of FirstGroup stock. The shares were sold at an average price of GBX 225 ($3.04), for a total value of £112,500 ($151,883.35).

FirstGroup Trading Down 1.4%

LON:FGP traded down GBX 3.20 ($0.04) during trading hours on Wednesday, hitting GBX 228 ($3.08). The company had a trading volume of 696,835 shares, compared to its average volume of 2,570,407. The company has a current ratio of 0.69, a quick ratio of 0.74 and a debt-to-equity ratio of 257.49. The company has a 50-day moving average of GBX 221.97 and a 200 day moving average of GBX 187.75. The company has a market cap of £1.34 billion, a P/E ratio of -106.53, a P/E/G ratio of 5.21 and a beta of 1.59. FirstGroup plc has a 1 year low of GBX 128.60 ($1.74) and a 1 year high of GBX 240.40 ($3.25).

FirstGroup (LON:FGP - Get Free Report) last posted its earnings results on Tuesday, June 10th. The transport operator reported GBX 19.40 ($0.26) earnings per share (EPS) for the quarter. FirstGroup had a negative return on equity of 2.54% and a negative net margin of 0.34%. Sell-side analysts expect that FirstGroup plc will post 17.3782772 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on FirstGroup from GBX 215 ($2.90) to GBX 240 ($3.24) and gave the stock a "buy" rating in a research note on Monday, July 7th.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.