Leslie Van de Walle Purchases 350,000 Shares of Greencore Group (LON:GNC) Stock

Greencore Group plc (LON:GNC) insider Leslie Van de Walle purchased 350,000 shares of Greencore Group stock in a transaction dated Wednesday, July 22nd. The stock was acquired at an average price of GBX 238 per share, with a total value of £833,000.

Leslie Van de Walle also recently made the following trade(s):

• On Tuesday, June 9th, Leslie Van de Walle purchased 125,000 shares of Greencore Group stock. The stock was acquired at an average cost of GBX 195 per share, with a total value of £243,750.
• On Monday, June 1st, Leslie Van de Walle acquired 75,000 shares of Greencore Group stock. The shares were acquired at an average price of GBX 200 per share, for a total transaction of £150,000.
• On Thursday, May 28th, Leslie Van de Walle acquired 6,000 shares of Greencore Group stock. The shares were acquired at an average price of GBX 214 per share, for a total transaction of £12,840.
• On Wednesday, May 27th, Leslie Van de Walle acquired 30,000 shares of Greencore Group stock. The shares were acquired at an average cost of GBX 227 per share, for a total transaction of £68,100.

Greencore Group Stock Performance

Shares of LON:GNC opened at GBX 247.20 on Friday. The company has a market capitalization of £1.96 billion, a price-to-earnings ratio of 88.29, a price-to-earnings-growth ratio of 0.10 and a beta of 0.81. Greencore Group plc has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50. The company has a quick ratio of 0.62, a current ratio of 0.74 and a debt-to-equity ratio of 80.03. The firm has a 50 day moving average of GBX 209.78 and a 200 day moving average of GBX 241.44.

Analyst Ratings Changes

Several research analysts have recently commented on GNC shares. Shore Capital Group reissued a “house stock” rating on shares of Greencore Group in a research report on Monday, July 20th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 185 price objective on shares of Greencore Group in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 325 target price on shares of Greencore Group in a research note on Thursday, May 28th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 351 target price on shares of Greencore Group in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 290.25.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.