Insider Selling: B.P. Marsh & Partners (LON:BPM) Insider Sells £20,003.10 in Stock

B.P. Marsh & Partners PLC (LON:BPM) insider Nicholas Hugh Carter sold 2,899 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of GBX 690, for a total value of £20,003.10.

B.P. Marsh & Partners Stock Down 1.3%

Shares of B.P. Marsh & Partners stock opened at GBX 680 on Wednesday. The company has a 50-day simple moving average of GBX 685.74 and a two-hundred day simple moving average of GBX 674.90. The stock has a market capitalization of £239.63 million, a PE ratio of 5.40 and a beta of 0.22. B.P. Marsh & Partners PLC has a 52-week low of GBX 613 and a 52-week high of GBX 719.92. The company has a debt-to-equity ratio of 0.06, a quick ratio of 21.03 and a current ratio of 486.99.

B.P. Marsh & Partners (LON:BPM) last posted its quarterly earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 EPS for the quarter. B.P. Marsh & Partners had a net margin of 160.46% and a return on equity of 13.59%. The firm had revenue of GBX 1,040 million for the quarter. On average, analysts anticipate that B.P. Marsh & Partners PLC will post 61.4500021 EPS for the current fiscal year.

B.P. Marsh & Partners announced that its board has approved a stock repurchase plan on Thursday, March 26th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the insurance provider to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its stock is undervalued.

B.P. Marsh & Partners Company Profile

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.