Jamie Pike Buys 7,496 Shares of XP Power (LON:XPP) Stock

Key Points

• Insider purchase: Director Jamie Pike bought 7,496 shares of XP Power on March 4 at GBX 1,330 per share, a transaction totaling £99,696.80.
• Analyst sentiment: The stock carries a consensus rating of “Moderate Buy” with an average target of GBX 1,479.33; Shore Capital targets GBX 2,048 and Berenberg raised its target to GBX 1,400.
• Current valuation and trading: XPP traded up to GBX 1,368, has a market cap of £383.48M, a negative P/E of -24.17, and a 1‑year range of GBX 600–1,466.

XP Power Limited (LON:XPP - Get Free Report) insider Jamie Pike acquired 7,496 shares of the stock in a transaction on Wednesday, March 4th. The shares were acquired at an average price of GBX 1,330 per share, for a total transaction of £99,696.80.

XP Power Stock Up 2.7%

Shares of LON XPP traded up GBX 36 during mid-day trading on Thursday, reaching GBX 1,368. 16,927 shares of the company's stock traded hands, compared to its average volume of 79,683. The company has a debt-to-equity ratio of 71.56, a current ratio of 1.80 and a quick ratio of 0.69. The business has a 50-day simple moving average of GBX 1,161.44 and a 200 day simple moving average of GBX 1,017.45. The stock has a market cap of £383.48 million, a P/E ratio of -24.17, a PEG ratio of 0.44 and a beta of 1.48. XP Power Limited has a 1-year low of GBX 600 and a 1-year high of GBX 1,466.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on XPP shares. Shore Capital Group restated a "buy" rating and issued a GBX 2,048 target price on shares of XP Power in a report on Monday, January 19th. Berenberg Bank raised their price objective on XP Power from GBX 975 to GBX 1,400 and gave the company a "buy" rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 1,479.33.

About XP Power

XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies. It also provides engineering services. The company serves healthcare, industrial technology, and semiconductor equipment manufacturing industries. XP Power Limited was founded in 1988 and is based in Singapore.

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