Insider Selling: Halma (LON:HLMA) Insider Sells 15,000 Shares of Stock

Key Points

• Halma plc insider Jennifer Ward sold 15,000 shares at an average price of GBX 3,381, totaling £507,150 in the transaction on September 25th.
• Research firms have recently adjusted their ratings on Halma, with Deutsche Bank maintaining a "hold" and Berenberg Bank upgrading to a "buy" with a price target of GBX 3,750.
• Halma operates in sectors focusing on Safety, Environment, and Health, employing over 8,000 people across more than 20 countries.

Halma plc (LON:HLMA - Get Free Report) insider Jennifer Ward sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of GBX 3,381, for a total transaction of £507,150.

Halma Price Performance

Shares of LON HLMA opened at GBX 3,348.32 on Friday. Halma plc has a 1-year low of GBX 2,316 and a 1-year high of GBX 3,444. The company has a market cap of £12.65 billion, a PE ratio of 4,285.03, a P/E/G ratio of 2.93 and a beta of 0.53. The stock has a fifty day moving average price of GBX 3,273.40 and a 200 day moving average price of GBX 3,007.26. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Wall Street Analyst Weigh In

A number of research firms recently commented on HLMA. Deutsche Bank Aktiengesellschaft lifted their price objective on Halma from GBX 3,200 to GBX 3,290 and gave the stock a "hold" rating in a research report on Friday, September 5th. Shore Capital reiterated a "hold" rating on shares of Halma in a research report on Friday. Berenberg Bank lifted their price objective on Halma from GBX 3,250 to GBX 3,750 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Finally, The Goldman Sachs Group began coverage on Halma in a research report on Thursday, August 7th. They set a "buy" rating and a GBX 3,740 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of GBX 3,316.

About Halma

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in: - Safety - Protecting people's safety and the environment as populations grow, and enhancing worker safety. - Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research. - Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes. Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.

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