Paul Bantick Sells 8,774 Shares of Beazley (LON:BEZ) Stock

Beazley plc (LON:BEZ) insider Paul Bantick sold 8,774 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of GBX 1,288, for a total value of £113,009.12.

Paul Bantick also recently made the following trade(s):

• On Wednesday, March 4th, Paul Bantick sold 18,360 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total value of £236,660.40.

Beazley Price Performance

LON:BEZ remained flat at GBX 1,288 during mid-day trading on Tuesday. 2,722,596 shares of the company traded hands, compared to its average volume of 27,847,979. Beazley plc has a 52-week low of GBX 750 and a 52-week high of GBX 1,293. The firm’s fifty day simple moving average is GBX 1,104.02 and its 200-day simple moving average is GBX 940.05. The company has a market capitalization of £7.59 billion, a P/E ratio of 8.53, a PEG ratio of 1.57 and a beta of 0.29.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BEZ. Berenberg Bank dropped their price target on shares of Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Jefferies Financial Group lifted their target price on shares of Beazley from GBX 1,000 to GBX 1,040 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Peel Hunt reiterated an “add” rating and set a GBX 900 price objective on shares of Beazley in a research report on Tuesday, November 25th. Citigroup downgraded Beazley to a “neutral” rating and boosted their price target for the company from GBX 1,025 to GBX 1,280 in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.