NCC Group (LON:NCC) Insider Guy Ellis Purchases 124 Shares

Key Points

• Insider buying: NCC Group insider Guy Ellis purchased 124 shares at GBX 132 each, worth £163.68. He has also made smaller purchases in July and August.
• Stock performance: Shares traded down GBX 2 at GBX 131, with unusually high volume of 8.6 million shares. NCC Group has a 52-week range of GBX 107.20 to GBX 161.60 and a market capitalization of approximately £361.75 million.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with one Buy and one Hold rating and an average price target of GBX 162.50; Deutsche Bank’s individual rating is Hold with a GBX 150 target.

NCC Group plc (LON:NCC - Get Free Report) insider Guy Ellis purchased 124 shares of the company's stock in a transaction on Thursday, September 17th. The stock was acquired at an average price of GBX 132 per share, with a total value of £163.68.

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

• On Monday, August 17th, Guy Ellis acquired 117 shares of NCC Group stock. The shares were bought at an average cost of GBX 141 per share, with a total value of £164.97.
• On Friday, July 17th, Guy Ellis acquired 115 shares of NCC Group stock. The shares were bought at an average price of GBX 143 per share, for a total transaction of £164.45.

NCC Group Price Performance

Shares of NCC stock traded down GBX 2 during mid-day trading on Friday, hitting GBX 131. The company had a trading volume of 8,605,552 shares, compared to its average volume of 4,357,238. NCC Group plc has a 52-week low of GBX 107.20 and a 52-week high of GBX 161.60. The stock's 50 day moving average price is GBX 139.91 and its 200-day moving average price is GBX 132.69. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97. The company has a market capitalization of £361.75 million, a P/E ratio of 43.67 and a beta of 0.66.

NCC Group declared that its board has authorized a stock buyback plan on Monday, September 7th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 150 price target on shares of NCC Group in a research note on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average 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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