Insider Selling: Admiral Group (LON:ADM) Insider Sells 39,950 Shares of Stock

Key Points

• Admiral Group insider Milena Mondini de Focatiis sold 39,950 shares at GBX 3,626 each, generating total proceeds of approximately £1.45 million.
• Admiral shares rose to GBX 3,674 during Monday trading, with the company valued at roughly £10.98 billion and trading at a price-to-earnings ratio of 16.82.
• Analyst sentiment is mixed, with the stock carrying an overall “Hold” rating and an average price target of GBX 3,813.60; targets range from GBX 3,950 to GBX 4,516 among the cited firms.

Admiral Group plc (LON:ADM - Get Free Report) insider Milena Mondini de Focatiis sold 39,950 shares of the business's stock in a transaction on Monday, September 28th. The stock was sold at an average price of GBX 3,626, for a total transaction of £1,448,587.

Admiral Group Price Performance

Shares of LON:ADM traded up GBX 56 during midday trading on Monday, reaching GBX 3,674. 425,662 shares of the company's stock were exchanged, compared to its average volume of 5,536,675. The company has a debt-to-equity ratio of 139.06, a quick ratio of 0.42 and a current ratio of 4.99. The firm has a market capitalization of £10.98 billion, a PE ratio of 16.82, a price-to-earnings-growth ratio of 1.69 and a beta of 0.19. Admiral Group plc has a 12 month low of GBX 2,624 and a 12 month high of GBX 4,128. The company's 50 day simple moving average is GBX 3,820.26 and its two-hundred day simple moving average is GBX 3,520.83.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ADM shares. Royal Bank Of Canada upped their price objective on Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a "sector perform" rating in a research note on Wednesday, August 12th. Citigroup boosted their price objective on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, Berenberg Bank cut Admiral Group to a "hold" rating and set a GBX 4,200 target price for the company. in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of GBX 3,813.60.

Admiral Group Company Profile

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales' only FTSE 100 Company. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.

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