Insider Selling: Aviva (LON:AV) Insider Sells 222,480 Shares of Stock

Key Points

• Insider sale: Aviva director Charlotte Jones sold 222,480 shares at an average price of GBX 610 on March 20, netting £1,357,128.
• Shares traded up to GBX 617 with a volume of 22,355,637, but remain below their 50‑day (GBX 644.45) and 200‑day (GBX 659.48) simple moving averages.
• Analysts hold an average rating of "Hold" with a consensus target of GBX 711.20; three analysts rate Aviva a Buy while one rates it Hold and one Sell, with notable targets including DB GBX 760 and JPMorgan GBX 725.

Aviva plc (LON:AV - Get Free Report) insider Charlotte Jones sold 222,480 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total value of £1,357,128.

Aviva Price Performance

LON AV traded up GBX 5.20 during trading hours on Wednesday, hitting GBX 617. The company's stock had a trading volume of 22,355,637 shares. Aviva plc has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The company's 50 day simple moving average is GBX 644.45 and its two-hundred day simple moving average is GBX 659.48. The company has a market cap of £16.58 billion, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 2.01 and a beta of 0.56.

Aviva (LON:AV - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported GBX 26.90 earnings per share (EPS) for the quarter. Aviva had a net margin of 1.82% and a return on equity of 10.20%. As a group, research analysts predict that Aviva plc will post 46.4942529 earnings per share for the current fiscal year.

Analyst Ratings Changes

AV has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Aviva in a research report on Wednesday, January 7th. They set a "buy" rating and a GBX 760 price objective on the stock. Citigroup cut their target price on shares of Aviva from GBX 687 to GBX 671 and set a "neutral" rating for the company in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Aviva from GBX 735 to GBX 725 and set an "overweight" rating for the company in a research note on Wednesday, November 26th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Aviva presently has an average rating of "Hold" and a consensus target price of GBX 711.20.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.

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