Beazley (LON:BEZ) Insider Robert A. Stuchbery Buys 6,400 Shares

Key Points

• Insider Buying: Beazley plc insider Robert A. Stuchbery purchased 6,400 shares at GBX 785 ($10.65) each, totaling £50,240 ($68,131.27) on August 15th.
• Stock Performance: Beazley plc shares rose by 0.6% to GBX 789 ($10.70), with a market cap of £6.07 billion and a PE ratio of 4.94.
• Analyst Ratings: Analysts have mixed views, with Royal Bank of Canada lowering its price target from GBX 1,125 to GBX 1,000 while Berenberg Bank maintains a "buy" rating with a target of GBX 1,150.

Beazley plc (LON:BEZ - Get Free Report) insider Robert A. Stuchbery acquired 6,400 shares of the business's stock in a transaction dated Friday, August 15th. The stock was bought at an average cost of GBX 785 per share, with a total value of £50,240.

Beazley Stock Down 0.4%

Shares of LON BEZ traded down GBX 3 during trading hours on Friday, hitting GBX 792.50. The company had a trading volume of 1,849,115 shares, compared to its average volume of 4,203,730. The stock has a market capitalization of £6.09 billion, a P/E ratio of 4.96, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Beazley plc has a 1-year low of GBX 727.70 and a 1-year high of GBX 983.50. The firm's 50 day moving average is GBX 891.76 and its 200-day moving average is GBX 891.34.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Royal Bank Of Canada cut their price target on Beazley from GBX 1,125 to GBX 1,000 and set an "outperform" rating for the company in a report on Thursday, August 14th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,150 price target on shares of Beazley in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of GBX 1,075.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.