Grainger (LON:GRI) Insider Robert Hudson Acquires 79 Shares

Key Points

• Robert Hudson, an insider at Grainger plc, purchased **79 shares** of the stock at an average price of **GBX 188** per share, totaling **£148.52**.
• The stock showed a **0.5% increase**, trading at **GBX 188** with a market capitalization of **£1.39 billion** and a notably high **P/E ratio of 1,278.91**.
• Grainger plc is the UK's largest listed residential landlord, managing around **11,000 rental homes** and currently working on developing an additional **5,000 homes** in a secured pipeline.

Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson acquired 79 shares of the stock in a transaction on Tuesday, September 2nd. The shares were bought at an average cost of GBX 188 per share, for a total transaction of £148.52.

Robert Hudson also recently made the following trade(s):

• On Wednesday, July 2nd, Robert Hudson acquired 69 shares of Grainger stock. The shares were bought at an average cost of GBX 219 per share, for a total transaction of £151.11.

Grainger Trading Up 0.5%

LON GRI traded up GBX 1 on Wednesday, reaching GBX 188. 1,364,247 shares of the company were exchanged, compared to its average volume of 2,703,405. The business's fifty day moving average price is GBX 206.12 and its 200 day moving average price is GBX 208.97. The stock has a market capitalization of £1.39 billion, a P/E ratio of 1,278.91, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The company has a current ratio of 4.49, a quick ratio of 0.87 and a debt-to-equity ratio of 84.49. Grainger plc has a fifty-two week low of GBX 184.40 and a fifty-two week high of GBX 252.50.

Grainger Company Profile

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK's largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

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