Insider Buying: Burberry Group plc (LON:BRBY) Insider Acquires 29,744 Shares of Stock

Burberry Group plc (LON:BRBY - Get Free Report) insider Joshua Schulman acquired 29,744 shares of the company's stock in a transaction dated Friday, June 27th. The shares were purchased at an average cost of GBX 1,069 ($14.67) per share, for a total transaction of £317,963.36 ($436,343.30).

Burberry Group Price Performance

Burberry Group stock traded up GBX 60.50 ($0.83) during trading on Friday, reaching GBX 1,134.50 ($15.57). The company had a trading volume of 1,287,792 shares, compared to its average volume of 7,339,690. The firm has a market capitalization of £4.05 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The firm's 50-day simple moving average is GBX 924.61 and its 200 day simple moving average is GBX 950.97. The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. Burberry Group plc has a 1-year low of GBX 555.61 ($7.62) and a 1-year high of GBX 1,254.50 ($17.22).

Burberry Group (LON:BRBY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) EPS for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. As a group, equities research analysts anticipate that Burberry Group plc will post 32.6294821 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada dropped their price target on shares of Burberry Group from GBX 1,300 ($17.84) to GBX 1,200 ($16.47) and set an "outperform" rating on the stock in a research report on Friday, March 28th.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.

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