Insider Buying: 3i Group (LON:III) Insider Buys 4 Shares of Stock

3i Group (LON:III) insider Jasi Halai purchased 4 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was bought at an average cost of GBX 3,241 per share, for a total transaction of £129.64.

Jasi Halai also recently made the following trade(s):

• On Monday, December 1st, Jasi Halai bought 10 shares of 3i Group stock. The shares were purchased at an average price of GBX 3,229 per share, with a total value of £322.90.
• On Friday, November 28th, Jasi Halai purchased 5 shares of 3i Group stock. The stock was purchased at an average price of GBX 3,229 per share, for a total transaction of £161.45.
• On Friday, November 14th, Jasi Halai acquired 7,655 shares of 3i Group stock. The shares were purchased at an average cost of GBX 3,392 per share, with a total value of £259,657.60.
• On Monday, November 3rd, Jasi Halai bought 3 shares of 3i Group stock. The stock was purchased at an average cost of GBX 4,445 per share, for a total transaction of £133.35.

3i Group Trading Down 3.2%

LON III opened at GBX 3,078.80 on Thursday. 3i Group has a 52 week low of GBX 2,957 and a 52 week high of GBX 4,497. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25. The stock’s 50 day moving average price is GBX 3,432.37 and its two-hundred day moving average price is GBX 3,881.52. The stock has a market capitalization of £30.37 billion, a price-to-earnings ratio of 4.75, a PEG ratio of -0.35 and a beta of 1.01.

3i Group (LON:III) last posted its quarterly earnings data on Thursday, November 13th. The company reported GBX 340.20 earnings per share (EPS) for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. As a group, analysts anticipate that 3i Group will post 622.7106227 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. UBS Group restated a “buy” rating and issued a GBX 4,700 price target on shares of 3i Group in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating for the company in a research note on Thursday, November 13th. Citigroup reaffirmed a “buy” rating and set a GBX 4,800 price target on shares of 3i Group in a research report on Friday, November 14th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of 3i Group in a research report on Monday, November 17th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 4,600.

3i Group Company Profile

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.