Vanquis Banking Group (LON:VANQ) Stock: Insider Dave Watts Buys 215 Shares

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts acquired 215 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was purchased at an average cost of GBX 70 per share, with a total value of £150.50.

Dave Watts also recently made the following trade(s):

• On Monday, September 14th, Dave Watts bought 191 shares of Vanquis Banking Group stock. The stock was acquired at an average cost of GBX 78 per share, with a total value of £148.98.
• On Friday, August 14th, Dave Watts purchased 191 shares of Vanquis Banking Group stock. The shares were acquired at an average price of GBX 79 per share, for a total transaction of £150.89.
• On Thursday, July 30th, Dave Watts purchased 45,000 shares of Vanquis Banking Group stock. The shares were acquired at an average cost of GBX 85 per share, for a total transaction of £38,250.

Vanquis Banking Group Stock Performance

LON:VANQ traded down GBX 1.50 during trading hours on Thursday, hitting GBX 67.50. 3,671,073 shares of the company’s stock traded hands, compared to its average volume of 1,046,680. The firm has a market cap of £168.97 million, a P/E ratio of 25.00 and a beta of 1.17. Vanquis Banking Group plc has a twelve month low of GBX 67 and a twelve month high of GBX 132. The stock’s fifty day moving average price is GBX 76.32 and its two-hundred day moving average price is GBX 99.50.

Vanquis Banking Group (LON:VANQ) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 earnings per share (EPS) for the quarter. Vanquis Banking Group had a return on equity of 2.20% and a net margin of 1.71%. On average, equities research analysts predict that Vanquis Banking Group plc will post 4.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating on the stock in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Vanquis Banking Group currently has an average rating of “Buy” and a consensus price target of GBX 145.

About Vanquis Banking Group

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/