Free Trial

Mortgage Advice Bureau (LON:MAB1) Insider Purchases £9,993.70 in Stock

Mortgage Advice Bureau logo with Financial Services background

Key Points

  • Insider Purchase: Emilie McCarthy, an insider at Mortgage Advice Bureau, bought 1,369 shares at an average price of GBX 730, totaling £9,993.70 on September 24th.
  • Stock Performance: Mortgage Advice Bureau shares rose by 2.3% to GBX 710, with a significant increase in trading volume compared to its average.
  • Analyst Rating: Berenberg Bank reaffirmed a "buy" rating for Mortgage Advice Bureau, setting a target price of GBX 1,150, reflecting positive market sentiment toward the stock.
  • MarketBeat previews the top five stocks to own by October 1st.

Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) insider Emilie McCarthy acquired 1,369 shares of Mortgage Advice Bureau stock in a transaction on Wednesday, September 24th. The shares were purchased at an average cost of GBX 730 per share, with a total value of £9,993.70.

Mortgage Advice Bureau Trading Up 2.3%

MAB1 stock traded up GBX 16 during mid-day trading on Thursday, reaching GBX 710. 248,290 shares of the stock traded hands, compared to its average volume of 135,834. Mortgage Advice Bureau has a 52-week low of GBX 550 and a 52-week high of GBX 924. The company has a market cap of £415.08 million, a P/E ratio of 2,591.24, a P/E/G ratio of 0.81 and a beta of 1.14. The stock's fifty day moving average is GBX 755.93 and its 200-day moving average is GBX 788.42.

Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last posted its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 11.80 EPS for the quarter. Mortgage Advice Bureau had a net margin of 4.41% and a return on equity of 15.33%. Equities research analysts expect that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,150 price objective on shares of Mortgage Advice Bureau in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 1,150.

Read Our Latest Stock Analysis on MAB1

Mortgage Advice Bureau Company Profile

(Get Free Report)

MAB is one of the UK's leading consumer intermediary brands and specialist networks for mortgage advisers. Through its partner firms known as Appointed Representatives (ARs), MAB has approximately 2,000 advisers providing expert advice to customers on a range of mortgage, specialist lending, protection, and general insurance products.

Further Reading

Insider Buying and Selling by Quarter for Mortgage Advice Bureau (LON:MAB1)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Mortgage Advice Bureau Right Now?

Before you consider Mortgage Advice Bureau, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mortgage Advice Bureau wasn't on the list.

While Mortgage Advice Bureau currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.