Supreme (LON:SUP) Insider Purchases £660,000 in Stock

Supreme Plc (LON:SUP) insider Sandeep Chadha bought 500,000 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were purchased at an average price of GBX 132 per share, with a total value of £660,000.

Supreme Stock Down 2.6%

SUP opened at GBX 131 on Friday. Supreme Plc has a 1 year low of GBX 123 and a 1 year high of GBX 195. The firm has a 50 day moving average price of GBX 147.56 and a 200 day moving average price of GBX 145.72. The company has a debt-to-equity ratio of 16.76, a quick ratio of 0.98 and a current ratio of 1.62. The company has a market cap of £153.69 million, a PE ratio of 8.73 and a beta of 1.03.

Supreme (LON:SUP) last announced its quarterly earnings results on Wednesday, July 1st. The company reported GBX 18.90 earnings per share for the quarter. Supreme had a net margin of 6.68% and a return on equity of 21.11%. Sell-side analysts expect that Supreme Plc will post 18.8894472 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Supreme in a report on Wednesday, July 1st.

Key Stories Impacting Supreme

Here are the key news stories impacting Supreme this week:

• Positive Sentiment: Insider Sandeep Chadha purchased 500,000 Supreme shares for £660,000 at GBX 132 each, a bullish signal that may indicate management confidence in the company’s outlook. Supreme (LON:SUP) Insider Sandeep Chadha Purchases 500,000 Shares of Stock
• Neutral Sentiment: The company recently reported quarterly earnings of GBX 18.90 per share and maintains solid profitability metrics, with return on equity of 21.11% and a net margin of 6.68%.
• Neutral Sentiment: Shore Capital reiterated a “house stock” rating, which reinforces existing coverage but does not appear to be a fresh re-rating catalyst.

Supreme Company Profile

Supreme supplies products across three operating divisions: Vaping (previously known as ‘Vaping’ and ‘Branded Distribution’), Drinks & Wellness (‘Sports Nutrition & Wellness’ combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously ‘Batteries’ and ‘Lighting’, also including the recently acquired 1001 cleaning brand). The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.