MJ Gleeson (LON:GLE) Insider Leanne Johnson Acquires 46 Shares of Stock

MJ Gleeson plc (LON:GLE) insider Leanne Johnson acquired 46 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were bought at an average cost of GBX 427 per share, for a total transaction of £196.42.

Leanne Johnson also recently made the following trade(s):

• On Friday, December 5th, Leanne Johnson bought 50 shares of MJ Gleeson stock. The stock was bought at an average price of GBX 393 per share, for a total transaction of £196.50.
• On Wednesday, November 5th, Leanne Johnson bought 57 shares of MJ Gleeson stock. The shares were bought at an average cost of GBX 349 per share, with a total value of £198.93.

MJ Gleeson Stock Down 3.1%

GLE opened at GBX 411 on Wednesday. The company has a market cap of £239.92 million, a PE ratio of 15.16 and a beta of 1.14. MJ Gleeson plc has a twelve month low of GBX 320 and a twelve month high of GBX 538. The company has a 50-day moving average price of GBX 388.69 and a 200 day moving average price of GBX 371.87. The company has a quick ratio of 0.89, a current ratio of 5.79 and a debt-to-equity ratio of 1.70.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 500 price target on shares of MJ Gleeson in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 500.

About MJ Gleeson

MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.

Gleeson Homes, under the banner of “Building Homes. Changing Lives” builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.