Insider Buying: Beazley plc (LON:BEZ) Insider Acquires 5,089 Shares of Stock

Key Points

• Insider John Reizenstein purchased a total of 5,089 shares of Beazley plc stock for approximately £39,999.54 ($54,317.68) at an average price of GBX 786 ($10.67) per share on August 14th.
• Beazley's share price was GBX 773.50 ($10.50) after a decrease of GBX 26.50 ($0.36) during midday trading, with a market cap of £5.95 billion.
• Berenberg Bank has restated a "buy" rating for Beazley shares, setting a price target of GBX 1,150 ($15.62).

Beazley plc (LON:BEZ - Get Free Report) insider John Reizenstein purchased 5,089 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The stock was bought at an average price of GBX 786 ($10.66) per share, with a total value of £39,999.54 ($54,244.02).

John Reizenstein also recently made the following trade(s):

• On Thursday, August 14th, John Reizenstein purchased 1,272 shares of Beazley stock. The stock was purchased at an average price of GBX 786 ($10.66) per share, with a total value of £9,997.92 ($13,558.34).

Beazley Stock Performance

BEZ stock traded up GBX 6.31 ($0.09) during midday trading on Monday, reaching GBX 790.25 ($10.72). The stock had a trading volume of 87,210,984 shares, compared to its average volume of 4,716,686. The stock has a market cap of £6.07 billion, a PE ratio of 4.95, a P/E/G ratio of 1.57 and a beta of 0.68. The firm has a fifty day simple moving average of GBX 906.55 and a two-hundred day simple moving average of GBX 893.42. Beazley plc has a 52-week low of GBX 727.70 ($9.87) and a 52-week high of GBX 983.50 ($13.34).

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,150 ($15.60) target price on shares of Beazley in a research report on Wednesday, August 13th. Royal Bank Of Canada decreased their price objective on shares of Beazley from GBX 1,125 ($15.26) to GBX 1,000 ($13.56) and set an "outperform" rating for the company in a research report on Thursday.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.