Secure Trust Bank (LON:STB) Insider Acquires £234,000 in Stock

Key Points

• Jim Brown, an insider at Secure Trust Bank, acquired 20,000 shares valued at £234,000 at an average price of GBX 1,170 in a recent transaction.
• Secure Trust Bank's stock price rose by 1.3% to GBX 1,170, with a market capitalization of approximately £222.82 million and a PE ratio of 8.66.
• Analysts have set a consensus price target of GBX 1,420 for Secure Trust Bank, with several firms maintaining a "buy" rating on the stock.

Secure Trust Bank PLC (LON:STB - Get Free Report) insider Jim Brown purchased 20,000 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were acquired at an average price of GBX 1,170 per share, for a total transaction of £234,000.

Jim Brown also recently made the following trade(s):

• On Wednesday, July 2nd, Jim Brown purchased 3,525 shares of Secure Trust Bank stock. The shares were acquired at an average price of GBX 848 per share, for a total transaction of £29,892.

Secure Trust Bank Trading Up 1.3%

STB traded up GBX 15 during trading on Wednesday, hitting GBX 1,170. The stock had a trading volume of 252,097 shares, compared to its average volume of 121,543. The firm has a market cap of £222.82 million, a PE ratio of 8.66, a P/E/G ratio of 0.11 and a beta of 0.87. Secure Trust Bank PLC has a 12 month low of GBX 331 and a 12 month high of GBX 1,262.93. The company has a 50 day simple moving average of GBX 941.86 and a 200-day simple moving average of GBX 694.88.

Secure Trust Bank (LON:STB - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported GBX 87.60 earnings per share (EPS) for the quarter. Secure Trust Bank had a net margin of 7.20% and a return on equity of 7.43%. As a group, sell-side analysts anticipate that Secure Trust Bank PLC will post 214.2857143 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on STB. Berenberg Bank restated a "buy" rating and issued a GBX 1,420 price target on shares of Secure Trust Bank in a research report on Monday. Shore Capital reiterated a "house stock" rating on shares of Secure Trust Bank in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of GBX 1,420.

Secure Trust Bank Company Profile

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with over 70‐years of trading history. Secure Trust Bank operates principally from its head office in Solihull, West Midlands. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions.

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