GlobalData (LON:DATA) Insider Sells 20,000,000 Shares

Key Points

• Insider Michael Danson sold 20,000,000 shares of GlobalData Plc stock, totaling £30,000,000 at an average price of GBX 150.
• The company's stock currently holds a market cap of £1.14 billion and has seen fluctuations between a 1-year low of GBX 128 and a 1-year high of GBX 217.
• GlobalData has a consensus rating of "Buy" from analysts, with an average target price of GBX 227.50.

GlobalData Plc (LON:DATA - Get Free Report) insider Michael Danson sold 20,000,000 shares of GlobalData stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total value of £30,000,000.

GlobalData Stock Performance

Shares of LON DATA remained flat at GBX 150 during midday trading on Wednesday. 7,020,929 shares of the stock traded hands, compared to its average volume of 2,169,960. The stock has a market capitalization of £1.13 billion, a PE ratio of 7,500.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. GlobalData Plc has a 12-month low of GBX 128 and a 12-month high of GBX 217. The company has a 50-day moving average price of GBX 138.78 and a two-hundred day moving average price of GBX 152.61. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61.

GlobalData (LON:DATA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported GBX 3 earnings per share (EPS) for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, equities analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on DATA shares. Shore Capital reiterated a "buy" rating on shares of GlobalData in a report on Tuesday, July 15th. Berenberg Bank reiterated a "buy" rating and issued a GBX 260 price target on shares of GlobalData in a research note on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on GlobalData from GBX 215 to GBX 195 and set a "buy" rating on the stock in a report on Tuesday, July 15th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, GlobalData has an average rating of "Buy" and a consensus price target of GBX 227.50.

About GlobalData

GlobalData Plc is a leading data, insights, and analytics platform for the world's largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers. One Platform Model GlobalData's One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.