Paul Bantick Sells 18,360 Shares of Beazley (LON:BEZ) Stock

Key Points

• Paul Bantick sold 18,360 Beazley shares on March 4 at an average price of GBX 1,289, netting £236,660.40.
• The stock sits at GBX 1,288 (near its one‑year high of GBX 1,293), has a market cap of £7.59bn and a P/E of 8.53, and analysts carry a consensus "Moderate Buy" with an average target of GBX 1,074.17.

Beazley plc (LON:BEZ - Get Free Report) insider Paul Bantick sold 18,360 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of GBX 1,289, for a total transaction of £236,660.40.

Beazley Price Performance

Shares of BEZ remained flat at GBX 1,288 on Friday. 7,829,517 shares of the company were exchanged, compared to its average volume of 28,798,922. The company's 50-day moving average price is GBX 1,085.96 and its 200 day moving average price is GBX 931.09. The stock has a market capitalization of £7.59 billion, a PE ratio of 8.53, a P/E/G ratio of 1.57 and a beta of 0.26. Beazley plc has a one year low of GBX 750 and a one year high of GBX 1,293.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Berenberg Bank decreased their target price on Beazley from GBX 1,150 to GBX 1,100 and set a "buy" rating on the stock in a report on Wednesday, November 26th. Jefferies Financial Group upped their price target on Beazley from GBX 1,000 to GBX 1,040 and gave the stock a "buy" rating in a research report on Wednesday, November 12th. Citigroup downgraded Beazley to a "neutral" rating and raised their price objective for the stock from GBX 1,025 to GBX 1,280 in a research note on Thursday, January 22nd. Peel Hunt reaffirmed an "add" rating and set a GBX 900 price objective on shares of Beazley in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. cut their price objective on Beazley from GBX 1,050 to GBX 1,025 and set an "overweight" rating for the company in a research note on Wednesday, November 26th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Beazley has a consensus rating of "Moderate Buy" and an average target price 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.

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