Insider Buying: Helios Underwriting (LON:HUW) Insider Purchases 200,000 Shares of Stock

Key Points

• Nigel Hanbury, an insider at Helios Underwriting, purchased 200,000 shares of the company at an average price of GBX 220, totaling £440,000 on August 29th.
• Prior to the purchase, Hanbury sold over 500,000 shares of Helios Underwriting stock at lower average prices throughout late August, amounting to nearly £1 million.
• As of the latest trading session, Helios Underwriting's shares were down 0.5% to GBX 217, with a market capitalization of £155.24 million and a PE ratio of 955.95.

Helios Underwriting plc (LON:HUW - Get Free Report) insider Nigel Hanbury purchased 200,000 shares of the stock in a transaction on Friday, August 29th. The stock was bought at an average price of GBX 220 per share, for a total transaction of £440,000.

Nigel Hanbury also recently made the following trade(s):

• On Thursday, August 28th, Nigel Hanbury sold 434,552 shares of Helios Underwriting stock. The shares were sold at an average price of GBX 202, for a total value of £877,795.04.
• On Tuesday, August 26th, Nigel Hanbury sold 64,705 shares of Helios Underwriting stock. The shares were sold at an average price of GBX 210, for a total value of £135,880.50.
• On Tuesday, August 26th, Nigel Hanbury sold 11,260 shares of Helios Underwriting stock. The shares were sold at an average price of GBX 210, for a total value of £23,646.

Helios Underwriting Trading Down 0.5%

Shares of HUW traded down GBX 1 during trading hours on Monday, hitting GBX 217. 209,597 shares of the stock traded hands, compared to its average volume of 39,000. The company has a current ratio of 0.70, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. Helios Underwriting plc has a 1-year low of GBX 162.50 and a 1-year high of GBX 279.75. The firm has a market capitalization of £155.24 million, a PE ratio of 955.95 and a beta of 0.14. The business has a fifty day moving average of GBX 216.22 and a 200-day moving average of GBX 218.54.

Helios Underwriting (LON:HUW - Get Free Report) last issued its quarterly earnings results on Monday, June 2nd. The company reported GBX 25.60 earnings per share (EPS) for the quarter. Helios Underwriting had a return on equity of 12.61% and a net margin of 6.96%. Analysts expect that Helios Underwriting plc will post 36.8921875 EPS for the current year.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates.

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