Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Acquires £525,000 in Stock

The Berkeley Group Holdings plc (LON:BKG) insider Michael W. R. Dobson acquired 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The shares were purchased at an average cost of GBX 3,500 ($42.58) per share, for a total transaction of £525,000 ($638,763.84).

The Berkeley Group Stock Performance

Shares of The Berkeley Group stock opened at GBX 3,712 ($45.16) on Friday. The stock has a market cap of £3.79 billion, a price-to-earnings ratio of 964.16, a P/E/G ratio of -0.87 and a beta of 1.22. The company has a quick ratio of 0.57, a current ratio of 3.39 and a debt-to-equity ratio of 18.66. The Berkeley Group Holdings plc has a twelve month low of GBX 3,462 ($42.12) and a twelve month high of GBX 5,588.54 ($68.00). The company’s fifty day moving average is GBX 4,016.84 and its 200 day moving average is GBX 4,571.17.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price objective on shares of The Berkeley Group from GBX 5,000 ($60.83) to GBX 4,700 ($57.18) and set a “neutral” rating for the company in a report on Thursday, December 5th.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.