FirstGroup plc (LON:FGP) Insider Acquires £149.50 in Stock

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 purchased 65 shares of the firm's stock in a transaction on Monday, August 11th. The stock was acquired at an average cost of GBX 230 ($3.11) per share, for a total transaction of £149.50 ($201.95).

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

• On Thursday, July 10th, Ryan Mangold purchased 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 ($201.82).
• On Friday, June 13th, Ryan Mangold sold 950,000 shares of FirstGroup stock. The stock was sold at an average price of GBX 224 ($3.03), for a total value of £2,128,000 ($2,874,510.33).
• 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 transaction of £112,500 ($151,965.42).

FirstGroup Stock Performance

Shares of LON FGP traded down GBX 1.80 ($0.02) during midday trading on Monday, reaching GBX 225.20 ($3.04). 872,210 shares of the company traded hands, compared to its average volume of 2,535,771. The company has a market cap of £1.32 billion, a price-to-earnings ratio of -105.22, a PEG ratio of 5.21 and a beta of 1.59. The company has a debt-to-equity ratio of 257.49, a current ratio of 0.69 and a quick ratio of 0.74. The stock has a 50-day moving average price of GBX 224.58 and a 200 day moving average price of GBX 189.68. FirstGroup plc has a 52 week low of GBX 128.60 ($1.74) and a 52 week high of GBX 240.40 ($3.25).

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

Analyst Ratings Changes

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 report 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.