Jupiter Fund Management (LON:JUP) Insider Wayne Mepham Sells 206,766 Shares

Key Points

• Wayne Mepham sold 206,766 shares of Jupiter Fund Management on March 2 at an average price of GBX 195, for a total transaction of £403,193.70.
• Jupiter (LON:JUP) opened at GBX 190.60, trades in a 1‑year range of GBX 64.70–214.50, has a market cap of £971.55m and a P/E of 17.65, and reported GBX 19.40 EPS for the most recent quarter with a return on equity of 11.49%.
• Analysts are broadly cautious: Deutsche Bank raised its price target to GBX 175 with a "hold" rating, and the consensus from MarketBeat is a "Hold" with an average target price of GBX 150.33 (one Buy, two Hold).

Jupiter Fund Management Plc (LON:JUP - Get Free Report) insider Wayne Mepham sold 206,766 shares of the business's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of GBX 195, for a total transaction of £403,193.70.

Jupiter Fund Management Trading Down 0.3%

LON JUP opened at GBX 190.60 on Thursday. Jupiter Fund Management Plc has a 1-year low of GBX 64.70 and a 1-year high of GBX 214.50. The company has a 50 day moving average of GBX 181.45 and a 200-day moving average of GBX 155.71. The firm has a market cap of £971.55 million, a price-to-earnings ratio of 17.65 and a beta of 1.43.

Jupiter Fund Management (LON:JUP - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX 19.40 EPS for the quarter. Jupiter Fund Management had a return on equity of 11.49% and a net margin of 21.19%. On average, analysts forecast that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Jupiter Fund Management from GBX 165 to GBX 175 and gave the stock a "hold" rating in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of GBX 150.33.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.

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