Flybe Group PLC (LON:FLYB) insider Luke Farajallah purchased 70,771 shares of Flybe Group PLC stock in a transaction that occurred on Tuesday, July 18th. The stock was acquired at an average cost of GBX 35 ($0.46) per share, with a total value of £24,769.85 ($32,345.06).

Shares of Flybe Group PLC (LON:FLYB) opened at 35.25 on Wednesday. The firm’s market cap is GBX 76.37 million. The firm’s 50-day moving average price is GBX 35.84 and its 200 day moving average price is GBX 41.79. Flybe Group PLC has a 52 week low of GBX 29.90 and a 52 week high of GBX 56.75.

WARNING: This news story was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/19/insider-buying-flybe-group-plc-flyb-insider-purchases-70771-shares-of-stock.html.

FLYB has been the subject of a number of analyst reports. Liberum Capital reissued a “buy” rating and issued a GBX 50 ($0.65) price target on shares of Flybe Group PLC in a report on Monday, June 12th. HSBC Holdings plc reissued a “buy” rating and issued a GBX 50 ($0.65) price target on shares of Flybe Group PLC in a report on Thursday, May 4th.

Flybe Group PLC Company Profile

Flybe Group plc (Flybe) operates regional airline in Europe. The Company operates in two segments: Flybe UK, which comprises the Company’s main scheduled United Kingdom domestic and the United Kingdom-Europe passenger operations and revenue ancillary to the provision of those services, and Flybe Aviation Services (FAS), which focuses on providing aviation services to customers, largely in Western Europe.

Receive News & Ratings for Flybe Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flybe Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.