Insider Buying: FirstGroup plc (FGP) Insider Acquires 152 Shares of Stock

FirstGroup plc (LON:FGP) insider Jimmy Groombridge acquired 152 shares of the business’s stock in a transaction on Monday, February 12th. The stock was acquired at an average cost of GBX 99 ($1.37) per share, for a total transaction of £150.48 ($207.90).

Jimmy Groombridge also recently made the following trade(s):

  • On Wednesday, January 10th, Jimmy Groombridge acquired 133 shares of FirstGroup stock. The stock was acquired at an average cost of GBX 113 ($1.56) per share, for a total transaction of £150.29 ($207.64).
  • On Tuesday, December 12th, Jimmy Groombridge acquired 139 shares of FirstGroup stock. The stock was acquired at an average cost of GBX 108 ($1.49) per share, for a total transaction of £150.12 ($207.41).

Shares of FirstGroup plc (LON FGP) opened at GBX 97.08 ($1.34) on Wednesday. The firm has a market capitalization of $1,170.00 and a price-to-earnings ratio of 1,078.61. FirstGroup plc has a 12 month low of GBX 95.55 ($1.32) and a 12 month high of GBX 154.50 ($2.13).

FirstGroup (LON:FGP) last issued its quarterly earnings data on Tuesday, November 14th. The transport operator reported GBX 1.90 ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of GBX 1.50 ($0.02) by GBX 0.40 ($0.01). The firm had revenue of GBX 277.13 billion during the quarter. FirstGroup had a return on equity of 0.21% and a net margin of 0.04%.

Several equities analysts have commented on FGP shares. Liberum Capital reaffirmed a “buy” rating and issued a GBX 165 ($2.28) price objective on shares of FirstGroup in a research report on Tuesday, November 14th. reaffirmed a “hold” rating and issued a GBX 160 ($2.21) price objective on shares of FirstGroup in a research report on Friday, November 3rd. Shore Capital reaffirmed a “buy” rating on shares of FirstGroup in a research report on Tuesday, November 14th. JPMorgan Chase & Co. cut their price objective on FirstGroup from GBX 171 ($2.36) to GBX 163 ($2.25) and set an “overweight” rating on the stock in a research report on Wednesday, November 15th. Finally, Canaccord Genuity dropped their price target on FirstGroup from GBX 135 ($1.87) to GBX 110 ($1.52) and set a “hold” rating on the stock in a research report on Wednesday, November 15th. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. FirstGroup presently has an average rating of “Hold” and an average target price of GBX 139.25 ($1.92).

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About FirstGroup

FirstGroup plc is a transport operator in the United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, First Bus and First Rail. The First Student is a provider of student transportation in North America and operates a fleet of over 47,000 school buses, with over six million student journeys per school day.

Insider Buying and Selling by Quarter for FirstGroup (LON:FGP)

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