Tim Jones Purchases 40,000 Shares of ForViva (LON:FVA) Stock

ForViva plc (LON:FVA) insider Tim Jones acquired 40,000 shares of the stock in a transaction dated Friday, July 17th. The stock was bought at an average price of GBX 138 per share, for a total transaction of £55,200.

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 bought at an average cost of GBX 138 per share, with a total value of £13,800.
• On Wednesday, July 15th, Tim Jones bought 40,000 shares of ForViva stock. The stock was bought at an average cost of GBX 137 per share, with a total value of £54,800.

ForViva Price Performance

ForViva stock opened at GBX 148 on Wednesday. The business has a 50 day simple moving average of GBX 135.01 and a 200 day simple moving average of GBX 133.17. The company has a market capitalization of £76.65 million and a PE ratio of 6.12. ForViva plc has a one year low of GBX 114.50 and a one year high of GBX 148.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Shore Capital Group reissued a “hold” rating on shares of ForViva in a report on Friday, April 17th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 190 price objective on shares of ForViva in a research note on Monday, June 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 190.

About ForViva

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.