Admiral Group plc (ADM) Insider Geraint Jones Sells 11,040 Shares
Admiral Group plc (LON:ADM) insider Geraint Jones sold 11,040 shares of the stock in a transaction dated Monday, October 17th. The shares were sold at an average price of GBX 2,017 ($24.58), for a total value of £222,676.80 ($271,391.59).
Admiral Group plc (LON:ADM) opened at 1963.00 on Wednesday. The company’s 50 day moving average price is GBX 2,041.47 and its 200 day moving average price is GBX 2,003.49. Admiral Group plc has a 52-week low of GBX 1,584.00 and a 52-week high of GBX 2,288.00. The company’s market cap is GBX 5.24 billion.
The firm also recently disclosed a dividend, which was paid on Friday, October 7th. Shareholders of record on Thursday, September 8th were paid a GBX 62.90 ($0.77) dividend. The ex-dividend date was Thursday, September 8th. This represents a yield of 3.02%.
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A number of analysts have issued reports on the company. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,620 ($19.74) target price on shares of Admiral Group plc in a report on Monday, July 11th. Deutsche Bank AG lowered their target price on Admiral Group plc from GBX 1,750 ($21.33) to GBX 1,590 ($19.38) and set a “hold” rating on the stock in a report on Wednesday, June 29th. Royal Bank Of Canada lowered their target price on Admiral Group plc from GBX 1,625 ($19.80) to GBX 1,600 ($19.50) and set an “underperform” rating on the stock in a report on Thursday, August 18th. Barclays PLC lowered their target price on Admiral Group plc from GBX 1,788 ($21.79) to GBX 1,746 ($21.28) and set an “underweight” rating on the stock in a report on Monday, August 22nd. Finally, Shore Capital reaffirmed a “sell” rating on shares of Admiral Group plc in a report on Wednesday, August 17th. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Admiral Group plc has a consensus rating of “Hold” and a consensus target price of GBX 1,806.93 ($22.02).
About Admiral Group plc
Admiral Group plc is a United Kingdom-based company engaged in the provision of car insurance. The Company has four segments: UK Car Insurance, International Car Insurance, Price Comparison and Other. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy.
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