Tim Jones Purchases 10,000 Shares of ForViva (LON:FVA) Stock

ForViva plc (LON:FVA) insider Tim Jones acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 14th. The stock was bought at an average cost of GBX 138 per share, for a total transaction of £13,800.

Tim Jones also recently made the following trade(s):

• On Wednesday, July 15th, Tim Jones bought 40,000 shares of ForViva stock. The shares were purchased at an average cost of GBX 137 per share, with a total value of £54,800.

ForViva Stock Performance

ForViva stock opened at GBX 138 on Friday. ForViva plc has a 52-week low of GBX 114.50 and a 52-week high of GBX 145. The firm has a 50 day moving average price of GBX 134.64 and a two-hundred day moving average price of GBX 132.98. The firm has a market cap of £71.47 million and a price-to-earnings ratio of 5.70.

ForViva (LON:FVA) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 11 earnings per share (EPS) for the quarter. The firm had revenue of GBX 5,057 million during the quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FVA. Shore Capital Group reaffirmed a “hold” rating on shares of ForViva in a research report on Friday, April 17th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 190 price objective on shares of ForViva in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, ForViva has a consensus rating of “Moderate Buy” and an average target price of GBX 190.

ForViva Company Profile

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long‑term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day‑to‑day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third‑party care providers to deliver supported housing solutions.