Insider Buying: Mony Group (LON:MONY) Insider Acquires 73 Shares of Stock

Key Points

• Insider Peter Duffy bought 73 Mony Group shares at GBX 204 each, worth £148.92, following purchases in June and July.
• Mony Group shares edged down 0.1% to GBX 201.20, while the company reported quarterly EPS of GBX 9.70, an 18.25% net margin and 37.46% return on equity.
• Analysts maintain a consensus “Buy” rating with a GBX 243.33 target price, although Berenberg recently lowered its target from GBX 275 to GBX 250.

Mony Group Plc (LON:MONY - Get Free Report) insider Peter Duffy acquired 73 shares of the business's stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average cost of GBX 204 per share, with a total value of £148.92.

Peter Duffy also recently made the following trade(s):

• On Monday, July 6th, Peter Duffy bought 79 shares of Mony Group stock. The stock was acquired at an average cost of GBX 190 per share, for a total transaction of £150.10.
• On Thursday, June 4th, Peter Duffy purchased 83 shares of Mony Group stock. The stock was bought at an average price of GBX 180 per share, for a total transaction of £149.40.

Mony Group Trading Down 0.1%

LON MONY traded down GBX 0.20 during trading on Monday, hitting GBX 201.20. The company had a trading volume of 534,633 shares, compared to its average volume of 4,713,025. The company's fifty day moving average is GBX 191.21 and its 200-day moving average is GBX 175.72. The company has a market cap of £1.03 billion, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 1.20 and a beta of 0.97. The company has a current ratio of 1.33, a quick ratio of 0.70 and a debt-to-equity ratio of 22.84. Mony Group Plc has a one year low of GBX 139.70 and a one year high of GBX 220.20.

Mony Group (LON:MONY - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The company reported GBX 9.70 EPS for the quarter. Mony Group had a net margin of 18.25% and a return on equity of 37.46%. On average, sell-side analysts predict that Mony Group Plc will post 19.1090909 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their target price on shares of Mony Group from GBX 275 to GBX 250 and set a "buy" rating for the company in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of GBX 243.33.

Mony Group Company Profile

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others. Our purpose is to help households save money by giving them access to free online tools that enable them to compare and switch products.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source