Insider Buying: Barclays (LON:BARC) Insider Purchases £11,465.79 in Stock

Key Points

• Insider purchase: Barclays insider Dawn Fitzpatrick bought 2,307 shares at GBX 497 each, investing £11,465.79.
• Strong recent performance: Barclays shares rose to GBX 510.90, while the bank reported quarterly earnings of GBX 30.70 per share and a 19.41% net margin.
• Analysts remain favorable: Six analysts rate Barclays a “Buy” and one rates it “Hold,” producing a consensus “Moderate Buy” rating and a GBX 575 price target.

Barclays PLC (LON:BARC - Get Free Report) insider Dawn Fitzpatrick acquired 2,307 shares of the firm's stock in a transaction on Tuesday, July 28th. The shares were bought at an average cost of GBX 497 per share, for a total transaction of £11,465.79.

Barclays Price Performance

Shares of BARC stock traded up GBX 17.55 during trading hours on Thursday, hitting GBX 510.90. 2,147,000,000 shares of the company's stock were exchanged, compared to its average volume of 65,799,859. The stock's 50-day moving average is GBX 492.44 and its 200-day moving average is GBX 459.04. Barclays PLC has a 52 week low of GBX 352.65 and a 52 week high of GBX 538.30. The stock has a market cap of £68.90 billion, a price-to-earnings ratio of 11.77, a price-to-earnings-growth ratio of 1.15 and a beta of 0.88.

Barclays (LON:BARC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported GBX 30.70 earnings per share for the quarter. Barclays had a net margin of 19.41% and a return on equity of 10.11%. Equities research analysts forecast that Barclays PLC will post 39.1062802 earnings per share for the current fiscal year.

More Barclays News

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Strong earnings and investment-banking performance: Barclays reported a 17% rise in first-half profits, driven by stronger dealmaking and financial-markets activity. The performance helped offset higher provisions for potential bad debts and reinforced confidence in the bank’s earnings momentum. Barclays Profits Jump 17% Due to Rise in Dealmaking
• Positive Sentiment: £1 billion share buyback: Barclays launched a program to repurchase up to £1 billion of shares, a capital-return measure expected to reduce the share count and support earnings per share and investor returns. Barclays Launches £1bn Share Buy-back to Cut Capital and Lift Returns
• Positive Sentiment: Analysts remain broadly constructive: Deutsche Bank and Jefferies reaffirmed “buy” ratings with targets of GBX 570 and GBX 590, while JPMorgan raised its target to GBX 610 and Berenberg maintained a GBX 620 target. These targets imply continued upside, although Citi’s “neutral” rating and GBX 510 target signal more limited near-term valuation support.
• Positive Sentiment: Director share purchases: Barclays disclosed acquisitions by its group chairman and non-executive directors, funded through director fees. While relatively small compared with the buyback, the purchases provide a modest insider-confidence signal. Barclays Directors Boost Holdings Through Fee-Funded Share Purchases
• Neutral Sentiment: Debt-program prospectus updated: Barclays published a supplement to its debt issuance prospectus. The filing supports funding flexibility but does not, by itself, change the investment outlook materially. Barclays Updates Prospectus for Debt Issuance Programme
• Negative Sentiment: Valuation and policy risks remain: Commentary has questioned whether Barclays’ valuation fully reflects the earnings improvement. Separately, calls for higher taxes on UK banks and Barclays’ larger bonus pool could increase political and cost pressures.

Analyst Ratings Changes

BARC has been the topic of several recent analyst reports. Royal Bank Of Canada reduced their price objective on shares of Barclays from GBX 575 to GBX 550 and set an "outperform" rating on the stock in a research note on Wednesday. Berenberg Bank reiterated a "buy" rating and issued a GBX 620 target price on shares of Barclays in a report on Wednesday. Jefferies Financial Group reissued a "buy" rating and set a GBX 590 price target on shares of Barclays in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 570 price target on shares of Barclays in a report on Wednesday. Finally, Shore Capital Group reaffirmed a "buy" rating on shares of Barclays in a research note on Tuesday, April 28th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 575.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.

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