Insider Selling: Bloomsbury Publishing Plc (LON:BMY) Insider Sells 33,185 Shares of Stock

Key Points

• Penny Scott-Bayfield, an insider at Bloomsbury Publishing Plc, sold 33,185 shares at an average price of GBX 476, totaling approximately £157,961.
• The company's stock has shown a **52-week range**, reaching a low of GBX 464 and a high of GBX 766, with current trading around GBX 478.50.
• Analysts at Berenberg Bank have issued a **"buy" rating** with a target price of GBX 825, indicating potential growth for the company.

Bloomsbury Publishing Plc (LON:BMY - Get Free Report) insider Penny Scott-Bayfield sold 33,185 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of GBX 476 ($6.45), for a total transaction of £157,960.60 ($214,096.77).

Bloomsbury Publishing Stock Performance

Shares of BMY traded down GBX 0.11 ($0.00) on Friday, reaching GBX 474.39 ($6.43). The company's stock had a trading volume of 150,779 shares, compared to its average volume of 333,812. The company has a debt-to-equity ratio of 15.10, a current ratio of 1.52 and a quick ratio of 1.04. The stock has a market capitalization of £382.80 million, a P/E ratio of 10.15 and a beta of 0.66. The stock's 50 day simple moving average is GBX 497.73 and its two-hundred day simple moving average is GBX 560.30. Bloomsbury Publishing Plc has a 12-month low of GBX 464 ($6.29) and a 12-month high of GBX 766 ($10.38).

Bloomsbury Publishing (LON:BMY - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 42.03 ($0.57) earnings per share (EPS) for the quarter. Bloomsbury Publishing had a net margin of 9.77% and a return on equity of 18.62%. Research analysts forecast that Bloomsbury Publishing Plc will post 2529.9999179 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 825 ($11.18) price target on shares of Bloomsbury Publishing in a research report on Wednesday, July 16th.

About Bloomsbury Publishing

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions.