Insider Buying: XP Power (LON:XPP) Insider Purchases 1,103 Shares of Stock

Key Points

• Insider Daniel Shook purchased a total of 1,871 shares of XP Power stock recently, with a total investment of approximately £19,421 at an average price of GBX 1,038 per share.
• XP Power shares traded down 1.9% to GBX 1,024, with a market capitalization of £287.05 million and a PE ratio of -18.09.
• Berenberg Bank has reissued a "buy" rating for XP Power, setting a target price of GBX 1,500, while the stock currently holds an average rating of "Moderate Buy" with a target of GBX 1,245.

XP Power Limited (LON:XPP - Get Free Report) insider Daniel Shook bought 1,103 shares of XP Power stock in a transaction on Wednesday, October 22nd. The stock was purchased at an average price of GBX 1,038 per share, for a total transaction of £11,449.14.

Daniel Shook also recently made the following trade(s):

• On Friday, October 24th, Daniel Shook bought 768 shares of XP Power stock. The stock was purchased at an average price of GBX 1,038 per share, for a total transaction of £7,971.84.

XP Power Trading Down 1.9%

Shares of LON XPP traded down GBX 20 on Friday, reaching GBX 1,024. 23,467 shares of the company traded hands, compared to its average volume of 58,699. XP Power Limited has a fifty-two week low of GBX 600 and a fifty-two week high of GBX 1,422. The company has a 50 day moving average of GBX 938 and a 200 day moving average of GBX 859.75. The company has a current ratio of 1.87, a quick ratio of 0.69 and a debt-to-equity ratio of 110.81. The stock has a market capitalization of £287.05 million, a PE ratio of -18.09, a P/E/G ratio of 0.44 and a beta of 1.48.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,500 target price on shares of XP Power in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, XP Power presently has an average rating of "Moderate Buy" and an average price target of GBX 1,245.

XP Power Company Profile

XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies.

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