Roger Blundell Sells 50,000 Shares of Supermarket Income REIT (LON:SUPR) Stock

Key Points

• Insider transaction: Roger Blundell sold 50,000 Supermarket Income REIT shares at GBX 86 each, totaling £43,000. He had bought the same number of shares in July at GBX 83 each.
• Stock performance: Shares recently traded at GBX 85.60, giving the company a market capitalization of approximately £1.07 billion and keeping the stock within its 52-week range of GBX 76.22 to GBX 89.40.
• Analyst outlook: Analysts maintain a generally positive view, with three Buy ratings and one Hold rating. The consensus price target is GBX 93, while Peel Hunt recently raised its target to GBX 100.

Supermarket Income REIT (LON:SUPR - Get Free Report) insider Roger Blundell sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of GBX 86, for a total transaction of £43,000.

Roger Blundell also recently made the following trade(s):

• On Wednesday, July 15th, Roger Blundell bought 50,000 shares of Supermarket Income REIT stock. The stock was acquired at an average cost of GBX 83 per share, for a total transaction of £41,500.

Supermarket Income REIT Stock Performance

LON:SUPR traded up GBX 0.20 during trading hours on Friday, reaching GBX 85.60. 833,452 shares of the company's stock were exchanged, compared to its average volume of 13,913,845. The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 15.09 and a beta of 0.59. The company has a 50-day moving average of GBX 86.19 and a 200 day moving average of GBX 84.39. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37. Supermarket Income REIT has a 1-year low of GBX 76.22 and a 1-year high of GBX 89.40.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 89 target price on shares of Supermarket Income REIT in a report on Thursday, July 2nd. Peel Hunt raised Supermarket Income REIT to a "buy" rating and lifted their price objective for the company from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of GBX 93.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe. The Company's properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.

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