NCC Group (LON:NCC) Stock: Insider Mike Maddison Acquires 107 Shares

Key Points

• Insider buying: NCC Group director Mike Maddison purchased 107 shares at GBX 154 each, worth £164.78, following two earlier purchases in August and September.
• Stock performance: NCC shares rose 0.4% to GBX 155.20, with a market capitalization of approximately £240.22 million and a 52-week range of GBX 107.20 to GBX 161.60.
• Analyst outlook: Deutsche Bank maintained a “Hold” rating with a GBX 150 target, while the broader analyst consensus is “Moderate Buy” with a GBX 162.50 price target.

NCC Group plc (LON:NCC - Get Free Report) insider Mike Maddison bought 107 shares of NCC Group stock in a transaction that occurred on Monday, October 19th. The stock was bought at an average cost of GBX 154 per share, with a total value of £164.78.

Mike Maddison also recently made the following trade(s):

• On Thursday, September 17th, Mike Maddison purchased 125 shares of NCC Group stock. The stock was purchased at an average cost of GBX 132 per share, for a total transaction of £165.
• On Monday, August 17th, Mike Maddison purchased 116 shares of NCC Group stock. The stock was purchased at an average price of GBX 141 per share, for a total transaction of £163.56.

NCC Group Stock Up 0.4%

Shares of NCC stock traded up GBX 0.60 on Tuesday, hitting GBX 155.20. 584,142 shares of the stock were exchanged, compared to its average volume of 3,992,837. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 34.83. The firm has a market capitalization of £240.22 million, a P/E ratio of 51.73 and a beta of 0.66. The business has a 50-day moving average of GBX 141.66 and a 200 day moving average of GBX 136.31. NCC Group plc has a fifty-two week low of GBX 107.20 and a fifty-two week high of GBX 161.60.

NCC Group announced that its Board of Directors has initiated a share buyback plan on Monday, September 7th that permits the company to buy back 0 outstanding shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Share repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

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

About NCC Group

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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