FDM Group (LON:FDM) Insider Michael (Mike) McLaren Purchases 400 Shares

FDM Group (Holdings) plc (LON:FDM) insider Michael (Mike) McLaren purchased 400 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was acquired at an average cost of GBX 125 per share, with a total value of £500.

Michael (Mike) McLaren also recently made the following trade(s):

• On Thursday, August 7th, Michael (Mike) McLaren purchased 396 shares of FDM Group stock. The stock was acquired at an average cost of GBX 126 per share, with a total value of £498.96.
• On Friday, July 4th, Michael (Mike) McLaren purchased 226 shares of FDM Group stock. The stock was acquired at an average cost of GBX 220 per share, with a total value of £497.20.

FDM Group Trading Down 0.4%

LON FDM opened at GBX 124.30 on Friday. FDM Group has a one year low of GBX 117.60 and a one year high of GBX 420. The company has a 50-day simple moving average of GBX 164.68 and a 200-day simple moving average of GBX 206.85. The company has a debt-to-equity ratio of 28.75, a quick ratio of 2.24 and a current ratio of 2.31. The firm has a market capitalization of £135.71 million, a PE ratio of 881.56 and a beta of 0.97.

FDM Group (LON:FDM) last posted its quarterly earnings results on Wednesday, July 30th. The company reported GBX 6.30 EPS for the quarter. FDM Group had a net margin of 10.34% and a return on equity of 42.26%. On average, equities analysts forecast that FDM Group will post 3132.5302111 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of FDM Group from GBX 275 to GBX 145 and set a “hold” rating for the company in a research note on Thursday, August 7th. Shore Capital reissued a “house stock” rating on shares of FDM Group in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 145.

FDM Group Company Profile

FDM Group (Holdings) plc provides information technology (IT) services in the United Kingdom, North America, Europe, the Middle East, Africa, rest of Europe, and the Asia Pacific. It is involved in recruiting, training, and deploying its IT and business consultants to clients. The company was formerly known as Astra Topco Limited and changed its name to FDM Group (Holdings) plc.