Insider Buying: ForViva (LON:FVA) Insider Buys £54,800 in Stock

ForViva plc (LON:FVA) insider Tim Jones bought 40,000 shares of the stock in a transaction on Wednesday, July 15th. The shares were bought at an average cost of GBX 137 per share, for a total transaction of £54,800.

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

• On Tuesday, July 14th, Tim Jones bought 10,000 shares of ForViva stock. The stock was purchased at an average price of GBX 138 per share, with a total value of £13,800.

ForViva Stock Performance

Shares of LON FVA opened at GBX 138 on Friday. The stock has a fifty 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 P/E ratio of 5.70. ForViva plc has a 1 year low of GBX 114.50 and a 1 year high of GBX 145.

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. 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. Shore Capital Group restated a “hold” rating on shares of ForViva in a report on Friday, April 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ForViva presently has an average rating of “Moderate Buy” and a consensus 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.