Insider Selling: Vodafone Group Public Limited (LON:VOD) Insider Sells 885,183 Shares of Stock

Key Points

• Vodafone Group insider Margherita D. Valle sold 885,183 shares at an average price of GBX 83 ($1.10), totaling approximately £734,701.89 ($974,147.30).
• The company recently had a market cap of £24.75 billion and a P/E ratio of 37.14, indicating its valuation compared to earnings.
• Berenberg Bank has initiated coverage on Vodafone shares with a "hold" rating and set a price target of GBX 80 ($1.06).

Vodafone Group Public Limited (LON:VOD - Get Free Report) insider Margherita D. Valle sold 885,183 shares of Vodafone Group Public stock in a transaction on Monday, July 28th. The stock was sold at an average price of GBX 83 ($1.10), for a total transaction of £734,701.89 ($974,147.30).

Margherita D. Valle also recently made the following trade(s):

• On Wednesday, June 25th, Margherita D. Valle purchased 251,374 shares of Vodafone Group Public stock. The shares were acquired at an average price of GBX 77 ($1.02) per share, for a total transaction of £193,557.98 ($256,640.12).

Vodafone Group Public Price Performance

LON VOD traded down GBX 1.65 ($0.02) on Thursday, hitting GBX 81.89 ($1.09). 85,134,633 shares of the company were exchanged, compared to its average volume of 94,194,883. The firm has a 50 day moving average of GBX 78.43 and a two-hundred day moving average of GBX 72.82. The company has a market cap of £24.75 billion, a P/E ratio of 37.14, a P/E/G ratio of 0.59 and a beta of 0.54. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. Vodafone Group Public Limited has a 1-year low of GBX 62.40 ($0.83) and a 1-year high of GBX 87.49 ($1.16).

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on shares of Vodafone Group Public in a research note on Wednesday, June 25th. They set a "hold" rating and a GBX 80 ($1.06) price target on the stock.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world's largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider. Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.

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