Investec Group (LON:INVP) Insider Stephen Koseff Sells 95,000 Shares of Stock

Investec Group (LON:INVP) insider Stephen Koseff sold 95,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of GBX 572 ($7.54), for a total value of £543,400 ($716,602.93).

Stephen Koseff also recently made the following trade(s):

• On Wednesday, August 21st, Stephen Koseff sold 31,995 shares of Investec Group stock. The stock was sold at an average price of GBX 591 ($7.79), for a total transaction of £189,090.45 ($249,361.00).
• On Monday, August 5th, Stephen Koseff sold 5,823 shares of Investec Group stock. The shares were sold at an average price of £135.25 ($178.36), for a total value of £787,560.75 ($1,038,587.30).

Investec Group Stock Performance

Shares of LON:INVP opened at GBX 577 ($7.61) on Wednesday. The stock’s 50-day moving average is GBX 585.55 and its 200-day moving average is GBX 544.10. The company has a market cap of £3.72 billion, a P/E ratio of 848.53, a P/E/G ratio of 0.67 and a beta of 1.09. Investec Group has a 52-week low of GBX 429.60 ($5.67) and a 52-week high of GBX 620.50 ($8.18).

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their price objective on shares of Investec Group from GBX 540 ($7.12) to GBX 660 ($8.70) and gave the stock a “buy” rating in a report on Friday, June 28th.

Investec Group Company Profile

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.