Insider Buying: NCC Group (LON:NCC) Insider Buys £164.78 in Stock

Key Points

• Insider buying: Guy Ellis purchased 107 NCC Group shares at GBX 154 each, worth £164.78. He has also bought shares in August and September.
• Stock performance: NCC shares rose to GBX 155.20, near their 52-week high of GBX 161.60, with a market capitalization of approximately £240.22 million.
• Analyst outlook: Analysts rate NCC Group “Moderate Buy,” with a consensus price target of GBX 162.50; Deutsche Bank maintains a “Hold” rating and a GBX 150 target.

NCC Group plc (LON:NCC - Get Free Report) insider Guy Ellis acquired 107 shares of the business's stock in a transaction that occurred on Monday, October 19th. The shares were bought at an average price of GBX 154 per share, with a total value of £164.78.

Guy Ellis also recently made the following trade(s):

• On Thursday, September 17th, Guy Ellis purchased 124 shares of NCC Group stock. The stock was purchased at an average price of GBX 132 per share, with a total value of £163.68.
• On Monday, August 17th, Guy Ellis acquired 117 shares of NCC Group stock. The stock was purchased at an average cost of GBX 141 per share, with a total value of £164.97.

NCC Group Price Performance

Shares of NCC stock traded up GBX 0.60 on Tuesday, hitting GBX 155.20. 584,142 shares of the stock traded hands, compared to its average volume of 3,992,837. The firm has a market cap of £240.22 million, a price-to-earnings ratio of 51.73 and a beta of 0.66. NCC Group plc has a 52 week low of GBX 107.20 and a 52 week high of GBX 161.60. The firm has a 50 day simple moving average of GBX 141.66 and a two-hundred day simple moving average of GBX 136.31. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97.

NCC Group declared that its Board of Directors has authorized a stock repurchase program on Monday, September 7th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Share repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 150 price target on shares of NCC Group in a report on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 162.50.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business. Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage, NCC Group is committed to developing sustainable solutions that continue to meet client's current and future cyber security challenges.

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