Insider Buying: Flybe Group PLC (FLYB) Insider Purchases 70,771 Shares of Stock
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.
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.
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