Insider Buying: VP (LON:VP) Insider Buys 5,438 Shares of Company Stock

Key Points

• Insider Ross Paterson bought 5,438 VP shares at GBX 494 each, worth approximately £26,864, and also purchased 4,572 shares in a separate same-day transaction worth about £22,586.
• VP shares opened at GBX 490, compared with a 52-week range of GBX 460 to GBX 745. The company has a market capitalization of roughly £193 million and carries a debt-to-equity ratio of 178.34.
• Analysts remain positive: Berenberg reaffirmed its “Buy” rating with a GBX 600 target, while the broader consensus is “Buy” with a GBX 686.67 target price.

Vp plc (LON:VP - Get Free Report) insider Ross Paterson acquired 5,438 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was purchased at an average price of GBX 494 per share, for a total transaction of £26,863.72.

Ross Paterson also recently made the following trade(s):

• On Tuesday, September 29th, Ross Paterson bought 4,572 shares of VP stock. The stock was purchased at an average price of GBX 494 per share, with a total value of £22,585.68.

VP Price Performance

LON VP opened at GBX 490 on Wednesday. The company has a 50-day moving average price of GBX 475.65 and a two-hundred day moving average price of GBX 472.78. Vp plc has a 52 week low of GBX 460 and a 52 week high of GBX 745. The stock has a market cap of £193.36 million, a price-to-earnings ratio of -35.95 and a beta of 0.35. The company has a current ratio of 0.65, a quick ratio of 1.08 and a debt-to-equity ratio of 178.34.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 600 target price on shares of VP in a research report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of GBX 686.67.

More VP News

Here are the key news stories impacting VP this week:

• Neutral Sentiment: Reports on UAE–Saudi relations and U.S. Vice President JD Vance are geopolitical and political stories with no apparent connection to Vp plc. UAE vice president visits Saudi Arabia in first visit since rift Vice President JD Vance is headed to South Texas on Wednesday
• Neutral Sentiment: Articles about leadership practices, Western Michigan University’s new vice president, and a potential 2028 vice-presidential candidate are unrelated to Vp plc’s operations. The VP Who Wasn't Missing Emails WMU names new vice president and director of athletics Sen. Schmitt emerges as 2028 VP prospect
• Neutral Sentiment: Executive appointments at Lifespark, Maverick Gold and Silver, and Universal Music Group do not involve Vp plc. Lifespark appoints senior vice president of technology Maverick Gold and Silver appoints vice president Universal Music Group appoints senior vice president
• Neutral Sentiment: Other stories about workplace promotions and former Vice President Kamala Harris’s political activities likewise have no direct investment implications for Vp plc. Worker turns down promotion Former Vice President Harris stops in San Diego VP rallies voters in Lakeland

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.

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.