Direct Line Insurance Group plc (LON:DLG) Insider Adam Winslow Acquires 72 Shares

Direct Line Insurance Group plc (LON:DLG) insider Adam Winslow purchased 72 shares of Direct Line Insurance Group stock in a transaction on Thursday, June 27th. The shares were acquired at an average cost of GBX 209 ($2.65) per share, for a total transaction of £150.48 ($190.89).

Adam Winslow also recently made the following trade(s):

• On Tuesday, May 28th, Adam Winslow acquired 71 shares of Direct Line Insurance Group stock. The shares were purchased at an average price of GBX 210 ($2.66) per share, for a total transaction of £149.10 ($189.14).
• On Tuesday, May 21st, Adam Winslow sold 454,979 shares of Direct Line Insurance Group stock. The shares were sold at an average price of GBX 203 ($2.58), for a total transaction of £923,607.37 ($1,171,644.51).

Direct Line Insurance Group Stock Performance

DLG stock traded down GBX 2.05 ($0.03) during trading on Friday, hitting GBX 201.35 ($2.55). 1,918,145 shares of the company’s stock traded hands, compared to its average volume of 4,649,851. The company has a quick ratio of 0.28, a current ratio of 8.31 and a debt-to-equity ratio of 18.89. Direct Line Insurance Group plc has a 52 week low of GBX 132.12 ($1.68) and a 52 week high of GBX 240.10 ($3.05). The stock has a fifty day moving average price of GBX 198.64 and a two-hundred day moving average price of GBX 189.55. The stock has a market capitalization of £2.62 billion, a price-to-earnings ratio of 1,356.00, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44.

Wall Street Analyst Weigh In

DLG has been the topic of a number of analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 195 ($2.47) price objective on shares of Direct Line Insurance Group in a research note on Monday. Berenberg Bank lifted their price objective on shares of Direct Line Insurance Group from GBX 195 ($2.47) to GBX 220 ($2.79) and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Finally, Barclays upgraded shares of Direct Line Insurance Group to an “equal weight” rating and lifted their price objective for the company from GBX 188 ($2.38) to GBX 219 ($2.78) in a research note on Thursday, February 29th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Direct Line Insurance Group currently has an average rating of “Moderate Buy” and an average target price of GBX 209 ($2.65).

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.