Moonpig Group (LON:MOON) Insider Sells £472,314.40 in Stock

Key Points

• Moonpig Group insider Andy MacKinnon sold 173,645 shares at an average price of GBX 272, generating proceeds of approximately £472,314.
• Moonpig shares fell 1.8% to GBX 267.60, giving the company a market capitalization of about £783.5 million.
• Analysts remain broadly positive, with five Buy ratings and one Hold rating; the consensus rating is “Moderate Buy” with an average price target of GBX 289.17.

Moonpig Group PLC (LON:MOON - Get Free Report) insider Andy MacKinnon sold 173,645 shares of Moonpig Group stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of GBX 272, for a total value of £472,314.40.

Moonpig Group Trading Down 1.8%

Shares of MOON stock traded down GBX 4.98 during trading hours on Monday, reaching GBX 267.60. 1,303,850 shares of the stock traded hands, compared to its average volume of 5,069,291. Moonpig Group PLC has a 1-year low of GBX 193.40 and a 1-year high of GBX 293. The business has a fifty day moving average price of GBX 274.35 and a 200 day moving average price of GBX 241.90. The company has a quick ratio of 0.46, a current ratio of 0.21 and a debt-to-equity ratio of -216.13. The firm has a market capitalization of £783.49 million, a PE ratio of 17.15 and a beta of 0.97.

Wall Street Analyst Weigh In

MOON has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 300 target price on shares of Moonpig Group in a research report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 235 price target on shares of Moonpig Group in a research report on Friday, June 26th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 315 price objective on shares of Moonpig Group in a research note on Thursday, June 25th. Finally, Canaccord Genuity Group decreased their price objective on Moonpig Group from GBX 310 to GBX 300 and set a "buy" rating for the company in a research report on Friday, June 26th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Moonpig Group has a consensus rating of "Moderate Buy" and an average target price of GBX 289.17.

Moonpig Group Company Profile

Moonpig Group plc is a leading online greeting card and gifting platform, comprising the Moonpig, Buyagift and Red Letter Days brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its core markets and is also the UK market leader in gift experiences. The Moonpig brand also operates in Ireland, Australia and the United States. The Group's leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.

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