Paul Bantick Acquires 141 Shares of Beazley (LON:BEZ) Stock

Key Points

• Insider trade: Director Paul Bantick bought 141 shares of Beazley on April 10 at an average price of GBX 1,272 (£1,793.52), after selling large blocks earlier in March (8,774 and 18,360 shares at ~GBX 1,288–1,289).
• Stock and valuation snapshot: BEZ opened at GBX 1,272.23 (near its 12‑month high of GBX 1,293), with a market cap of £7.52 billion and a P/E of 8.79; its 50‑ and 200‑day moving averages are GBX 1,257.55 and GBX 1,019.46, respectively.
• Analyst view: Citigroup cut its rating to "neutral" but raised its price target to GBX 1,280, while the consensus from six analysts is a Moderate Buy with an average target of GBX 1,074.17.

Beazley plc (LON:BEZ - Get Free Report) insider Paul Bantick acquired 141 shares of Beazley stock in a transaction that occurred on Friday, April 10th. The stock was acquired at an average cost of GBX 1,272 per share, for a total transaction of £1,793.52.

Paul Bantick also recently made the following trade(s):

• On Monday, March 9th, Paul Bantick sold 8,774 shares of Beazley stock. The shares were sold at an average price of GBX 1,288, for a total value of £113,009.12.
• On Wednesday, March 4th, Paul Bantick sold 18,360 shares of Beazley stock. The shares were sold at an average price of GBX 1,289, for a total value of £236,660.40.

Beazley Trading Down 0.1%

Shares of BEZ stock opened at GBX 1,272.23 on Monday. The business's 50-day moving average price is GBX 1,257.55 and its 200-day moving average price is GBX 1,019.46. Beazley plc has a 12 month low of GBX 750 and a 12 month high of GBX 1,293. The firm has a market capitalization of £7.52 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 1.57 and a beta of 0.29.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered Beazley to a "neutral" rating and lifted their price target for the company from GBX 1,025 to GBX 1,280 in a research note on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,074.17.

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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.