Personal Group (LON:PGH) Reaches New 1-Year High - Here's What Happened

Key Points

• Personal Group Holdings Plc's stock reached a new 52-week high at GBX 336 ($4.49), with a trading volume of 13,813 shares.
• Analysts at Canaccord Genuity raised their price target for the stock from GBX 316 ($4.22) to GBX 368 ($4.92) and maintained a "buy" rating.
• Insiders, including Paula Constant and Sarah Mace, have recently purchased shares of the company, indicating strong internal confidence in its performance.

Personal Group Holdings Plc (LON:PGH - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 336 ($4.52) and last traded at GBX 336 ($4.52), with a volume of 13813 shares traded. The stock had previously closed at GBX 330 ($4.44).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their target price on shares of Personal Group from GBX 316 ($4.25) to GBX 368 ($4.95) and gave the company a "buy" rating in a research report on Wednesday, July 23rd.

Personal Group Stock Down 0.4%

The firm's 50 day moving average is GBX 301.68 and its 200 day moving average is GBX 258.38. The firm has a market capitalization of £102.44 million, a price-to-earnings ratio of 22.29 and a beta of 0.46.

Insider Activity

In related news, insider Paula Constant purchased 6,958 shares of the business's stock in a transaction dated Friday, May 16th. The stock was purchased at an average cost of GBX 287 ($3.86) per share, with a total value of £19,969.46 ($26,847.89). Also, insider Sarah Mace acquired 6,927 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The shares were acquired at an average cost of GBX 291 ($3.91) per share, for a total transaction of £20,157.57 ($27,100.79). 43.90% of the stock is owned by corporate insiders.

About Personal Group

Personal Group Holdings Plc AIM: PGH is a workforce benefits and health insurance provider. Its vision is to be the champion of affordable and accessible insurance and benefits, keeping businesses and their employees happy, healthy and protected. The Group is proud to support the health and wellbeing of c.