Insider Buying: Canaan (LON:CAN) Insider Purchases £87,465 in Stock

Canaan Inc (LON:CAN) insider Maxime Saada purchased 35,700 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of GBX 245 per share, for a total transaction of £87,465.

Canaan Trading Down 0.8%

LON:CAN opened at GBX 221.30 on Friday. Canaan Inc has a 12 month low of GBX 149.95 and a 12 month high of GBX 327.40. The company has a market capitalization of £2.17 billion and a P/E ratio of -14.75. The firm has a fifty day simple moving average of GBX 287.84 and a 200-day simple moving average of GBX 258.56.

Canaan (LON:CAN) last released its quarterly earnings data on Friday, February 20th. The company reported GBX 11.20 EPS for the quarter. Canaan had a negative return on equity of 3.20% and a negative net margin of 2.30%.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Canaan from GBX 400 to GBX 350 and set a “buy” rating on the stock in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 350.

Canaan Company Profile

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.