Informa plc (LON:INF) Insider Sells £2,104,094.73 in Stock

Key Points

• Informa plc insider Stephen A. Carter sold 244,947 shares for approximately £2.1 million in a transaction on July 29th, with shares priced at an average of GBX 859 ($11.47).
• The company's stock price reached GBX 868.66 ($11.60) during mid-day trading, reflecting a slight increase from previous trading levels.
• Recent analyst actions include JPMorgan Chase & Co. initiating coverage with an "overweight" rating and a target price of GBX 1,020 ($13.62), while Shore Capital maintained a "buy" rating with a target price of GBX 930 ($12.42).

Informa plc (LON:INF - Get Free Report) insider Stephen A. Carter sold 244,947 shares of the company's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of GBX 859 ($11.35), for a total transaction of £2,104,094.73 ($2,779,517.48).

Informa Stock Down 0.7%

LON:INF traded down GBX 6 ($0.08) during mid-day trading on Friday, hitting GBX 862.20 ($11.39). The stock had a trading volume of 864,594,438 shares, compared to its average volume of 16,898,535. The stock has a 50-day simple moving average of GBX 815.93 and a two-hundred day simple moving average of GBX 798.58. The company has a market capitalization of £11.35 billion, a PE ratio of 37.13, a PEG ratio of 0.75 and a beta of 1.12. Informa plc has a twelve month low of GBX 634.20 ($8.38) and a twelve month high of GBX 911.60 ($12.04). The company has a current ratio of 0.56, a quick ratio of 1.70 and a debt-to-equity ratio of 31.98.

Informa (LON:INF - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported GBX 30.10 ($0.40) earnings per share for the quarter. Informa had a net margin of 9.30% and a return on equity of 4.75%. On average, equities research analysts anticipate that Informa plc will post 59.3240265 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on INF shares. JPMorgan Chase & Co. started coverage on shares of Informa in a report on Tuesday. They issued an "overweight" rating and a GBX 1,020 ($13.47) price objective for the company. Shore Capital reissued a "buy" rating and issued a GBX 930 ($12.29) price objective on shares of Informa in a report on Friday, May 23rd.

About Informa

Our events, digital products and academic research services connect specialists with knowledge, helping them learn more, know more and do more. We do this in dozens of specialist markets and subject matter categories, including in Healthcare & Pharma, Technology, Finance, Education, Marketing, Health & Nutrition, Foodservice, and many more.