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Insider Buying: Intertek Group (LON:ITRK) Insider Acquires 156 Shares of Stock

Intertek Group logo with Industrials background
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Key Points

  • Insider buying: Director Gurnek Bains purchased 156 shares at GBX 3,794 (~£5,918), part of roughly 2,024 shares bought by directors/senior managers (~£76.8k), suggesting management confidence or planned share-plan activity.
  • Large insider sales outweigh buys: Andre Lacroix sold 37,635 shares (~£1.43m) and Colm Deasy sold 3,176 shares (~£120.5k), disposals that likely create greater selling pressure than the smaller purchases.
  • Stock and analyst context: Shares fell 1.7% to GBX 3,672 (near the 12‑month low of GBX 3,664) with a market cap of £5.64bn; analysts hold a consensus "Moderate Buy" and a target of GBX 5,169.50 despite recent target cuts by Jefferies and Citi.
  • MarketBeat previews top five stocks to own in May.

Intertek Group plc (LON:ITRK - Get Free Report) insider Gurnek Bains acquired 156 shares of the business's stock in a transaction on Friday, March 13th. The stock was purchased at an average price of GBX 3,794 per share, for a total transaction of £5,918.64.

Intertek Group Stock Down 1.7%

LON:ITRK traded down GBX 62 on Monday, reaching GBX 3,672. The stock had a trading volume of 1,715,184 shares, compared to its average volume of 2,855,803. The company has a 50-day moving average of GBX 4,426.56 and a 200 day moving average of GBX 4,640.70. The company has a current ratio of 1.08, a quick ratio of 1.19 and a debt-to-equity ratio of 152.20. The stock has a market cap of £5.64 billion, a P/E ratio of 16.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. Intertek Group plc has a 12-month low of GBX 3,664 and a 12-month high of GBX 5,150.

Intertek Group (LON:ITRK - Get Free Report) last announced its earnings results on Tuesday, March 3rd. The company reported GBX 255.90 earnings per share (EPS) for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. On average, research analysts predict that Intertek Group plc will post 263.7305699 earnings per share for the current year.

Key Headlines Impacting Intertek Group

Here are the key news stories impacting Intertek Group this week:

  • Positive Sentiment: Several directors and senior managers bought shares (total ~2,024 shares across ~11 transactions, ~£76.8k), which can be read as a sign of management confidence or opportunity buying at current levels. MarketBeat Insider Trades
  • Neutral Sentiment: Some purchases were small and clustered around the same price (GBX 3,794), suggesting routine or formulaic purchases (e.g., planned purchases or share plan activity) rather than a single bullish signal. MarketBeat Insider Trades
  • Negative Sentiment: Two large insider sales dominate the picture: Andre Lacroix sold 37,635 shares (~£1.43m) and Colm Deasy sold 3,176 shares (~£120.5k). The scale of these disposals outweighs the buys and is likely interpreted by the market as a negative signal or a source of selling pressure. MarketBeat Insider Trades

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Jefferies Financial Group cut their target price on Intertek Group from GBX 5,800 to GBX 4,800 and set a "buy" rating on the stock in a research report on Thursday, March 5th. Citigroup decreased their price target on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a "buy" rating for the company in a research report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Intertek Group has an average rating of "Moderate Buy" and a consensus price target of GBX 5,169.50.

Read Our Latest Report on Intertek Group

Intertek Group Company Profile

(Get Free Report)

Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations. Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

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Insider Buying and Selling by Quarter for Intertek Group (LON:ITRK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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