Insider Selling: Bellway p.l.c. (BWY) Insider Sells 7,812 Shares of Stock
Bellway p.l.c. (LON:BWY) insider Edward (Ted) Ayres sold 7,812 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of GBX 3,470 ($46.47), for a total value of £271,076.40 ($363,032.54).
Edward (Ted) Ayres also recently made the following trade(s):
- On Friday, November 10th, Edward (Ted) Ayres sold 18,768 shares of Bellway stock. The shares were sold at an average price of GBX 3,429 ($45.92), for a total value of £643,554.72 ($861,865.17).
Bellway p.l.c. (BWY) traded up GBX 38 ($0.51) during trading hours on Monday, reaching GBX 3,506 ($46.95). The company had a trading volume of 268,837 shares, compared to its average volume of 544,933. Bellway p.l.c. has a 1-year low of GBX 2,366 ($31.69) and a 1-year high of GBX 3,805 ($50.96).
A number of research analysts have weighed in on BWY shares. Liberum Capital restated a “buy” rating on shares of Bellway in a research note on Tuesday, August 8th. Deutsche Bank restated a “hold” rating and issued a GBX 3,090 ($41.38) price target on shares of Bellway in a research note on Friday, September 1st. Bank of America reiterated an “underperform” rating and set a GBX 2,500 ($33.48) target price on shares of Bellway in a research note on Tuesday, September 12th. Peel Hunt lifted their target price on Bellway from GBX 3,435 ($46.00) to GBX 3,545 ($47.48) and gave the stock an “add” rating in a research note on Wednesday, September 27th. Finally, Barclays reiterated an “overweight” rating and set a GBX 3,631 ($48.63) target price on shares of Bellway in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 3,494.83 ($46.80).
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Bellway Company Profile
Bellway p.l.c is a holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond.
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