The Berkeley Group Holdings plc (LON:BKG) Insider Acquires £525,000 in Stock

The Berkeley Group Holdings plc (LON:BKG) insider Michael W. R. Dobson acquired 15,000 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were purchased at an average price of GBX 3,500 ($42.58) per share, with a total value of £525,000 ($638,763.84).

The Berkeley Group Trading Up 2.3 %

LON:BKG opened at GBX 3,712 ($45.16) on Friday. The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The firm has a fifty day simple moving average of GBX 4,016.84 and a two-hundred day simple moving average of GBX 4,571.17. The stock has a market capitalization of £3.79 billion, a price-to-earnings ratio of 964.16, a PEG ratio of -0.87 and a beta of 1.22. The Berkeley Group Holdings plc has a 12 month low of GBX 3,462 ($42.12) and a 12 month high of GBX 5,588.54 ($68.00).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. dropped their price objective on The Berkeley Group from GBX 5,000 ($60.83) to GBX 4,700 ($57.18) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.