Insider Selling: Admiral Group (LON:ADM) Insider Sells 18,933 Shares of Stock

Key Points

• Geraint Jones, an insider at Admiral Group, sold 18,933 shares for a total of £618,162 on September 22nd at an average price of GBX 3,265.
• Admiral Group's stock decreased by 0.7%, closing at GBX 3,290, with recent trading activity showing a significant drop in volume compared to its average.
• Analysts have varying ratings for Admiral Group, with a consensus price target of GBX 2,752 and two analysts rating the stock as a “Buy.”

Admiral Group plc (LON:ADM - Get Free Report) insider Geraint Jones sold 18,933 shares of Admiral Group stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of GBX 3,265, for a total transaction of £618,162.45.

Admiral Group Stock Performance

LON ADM traded down GBX 60 during trading hours on Tuesday, reaching GBX 3,230. The company's stock had a trading volume of 1,084,438 shares, compared to its average volume of 2,531,671. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01. The business has a 50-day simple moving average of GBX 3,422.84 and a 200 day simple moving average of GBX 3,274.34. The stock has a market cap of £9.65 billion, a PE ratio of 1,196.30, a PEG ratio of 1.69 and a beta of 0.18. Admiral Group plc has a 52 week low of GBX 2,383 and a 52 week high of GBX 3,686.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Admiral Group to GBX 260 and gave the company a "neutral" rating in a report on Tuesday, July 29th. Peel Hunt downgraded shares of Admiral Group to a "sell" rating and lifted their price objective for the company from GBX 2,270 to GBX 2,350 in a research report on Friday, September 5th. Berenberg Bank raised their price target on shares of Admiral Group from GBX 3,850 to GBX 4,000 and gave the company a "buy" rating in a research note on Friday, August 15th. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 4,100 price target on shares of Admiral Group in a research note on Tuesday, September 2nd. Finally, JPMorgan Chase & Co. increased their price objective on Admiral Group from GBX 2,700 to GBX 3,050 and gave the stock a "neutral" rating in a report on Wednesday, July 30th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Admiral Group presently has an average rating of "Hold" and a consensus target price of GBX 2,752.

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.