Sandeep Chadha Buys 500,000 Shares of Supreme (LON:SUP) Stock

Supreme Plc (LON:SUP) insider Sandeep Chadha purchased 500,000 shares of the business’s stock in a transaction on Monday, July 20th. The stock was purchased at an average cost of GBX 132 per share, for a total transaction of £660,000.

Supreme Price Performance

Shares of Supreme stock opened at GBX 134.50 on Thursday. The business has a 50 day moving average of GBX 148.20 and a 200 day moving average of GBX 145.85. Supreme Plc has a 52 week low of GBX 123 and a 52 week high of GBX 195. The company has a market cap of £157.79 million, a PE ratio of 8.97 and a beta of 1.03. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 16.76.

Supreme (LON:SUP) last posted its earnings results on Wednesday, July 1st. The company reported GBX 18.90 earnings per share for the quarter. Supreme had a return on equity of 21.11% and a net margin of 6.68%. As a group, equities research analysts forecast that Supreme Plc will post 18.8894472 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Supreme in a report on Wednesday, July 1st.

Supreme Company Profile

Supreme supplies products across three operating divisions: Vaping (previously known as ‘Vaping’ and ‘Branded Distribution’), Drinks & Wellness (‘Sports Nutrition & Wellness’ combined with Typhoo Tea, Clearly Drinks and the newly acquired SlimFast brand), and Electricals & Household (previously ‘Batteries’ and ‘Lighting’, also including the recently acquired 1001 cleaning brand). The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.