NCC Group (LON:NCC) Insider Acquires £163.85 in Stock

Key Points

• Insider Mike Maddison of NCC Group acquired 113 shares at an average cost of GBX 145 per share, totaling £163.85, as part of a series of recent insider purchases.
• NCC Group's stock has increased by 8.5%, trading at GBX 158, with a market capitalization of £484.18 million.
• Shore Capital has maintained a "buy" rating on NCC Group and set a price target of GBX 175, reflecting positive analyst sentiment.

NCC Group plc (LON:NCC - Get Free Report) insider Mike Maddison purchased 113 shares of the business's stock in a transaction that occurred on Friday, October 17th. The stock was acquired at an average cost of GBX 145 per share, with a total value of £163.85.

Mike Maddison also recently made the following trade(s):

• On Wednesday, September 17th, Mike Maddison acquired 115 shares of NCC Group stock. The stock was purchased at an average price of GBX 143 per share, with a total value of £164.45.
• On Monday, August 18th, Mike Maddison acquired 116 shares of NCC Group stock. The stock was purchased at an average price of GBX 142 per share, with a total value of £164.72.

NCC Group Trading Up 8.5%

NCC stock traded up GBX 12.40 during midday trading on Wednesday, reaching GBX 158. The stock had a trading volume of 1,545,010 shares, compared to its average volume of 1,645,104. The business has a fifty day simple moving average of GBX 144.96 and a two-hundred day simple moving average of GBX 146.58. The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15. The firm has a market cap of £484.18 million, a price-to-earnings ratio of -19.75 and a beta of 0.77. NCC Group plc has a twelve month low of GBX 124 and a twelve month high of GBX 169.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "buy" rating and issued a GBX 175 price objective on shares of NCC Group in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of GBX 175.

About NCC Group

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business. Driven by a collective purpose to create a more secure digital future, c, 2,200 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally.

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