Insider Buying: Pharos Energy (LON:PHAR) Insider Buys 3,482 Shares of Stock

Key Points

• On April 27, Pharos Energy insider Sue Rivett bought 3,482 shares at GBX 28 each, a total transaction of £974.96.
• She had previously sold 4,030 shares on Feb 27 at GBX 24 (≈£967.20), so the April purchase largely offsets that sale, leaving a net reduction of 548 shares year-to-date.
• Pharos trades around GBX 29.10 (near its 12‑month high), has a market cap of £120.5m and a negative P/E, while analysts maintain a consensus Buy rating with a target of GBX 55.

Pharos Energy plc (LON:PHAR - Get Free Report) insider Sue Rivett bought 3,482 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was acquired at an average price of GBX 28 per share, for a total transaction of £974.96.

Sue Rivett also recently made the following trade(s):

• On Friday, February 27th, Sue Rivett sold 4,030 shares of Pharos Energy stock. The shares were sold at an average price of GBX 24, for a total value of £967.20.

Pharos Energy Price Performance

PHAR opened at GBX 29.10 on Tuesday. Pharos Energy plc has a 12 month low of GBX 18.25 and a 12 month high of GBX 29.50. The stock has a market cap of £120.51 million, a P/E ratio of -18.19, a P/E/G ratio of -0.02 and a beta of 0.33. The stock's 50 day moving average price is GBX 26.65 and its 200 day moving average price is GBX 22.84.

Analyst Ratings Changes

Separately, Shore Capital Group restated a "house stock" rating on shares of Pharos Energy in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 55.

Pharos Energy Company Profile

Pharos Energy is an independent oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders. Pharos is listed on the London Stock Exchange, we have production, development and exploration interests in Egypt, Israel and Vietnam.

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