MJ Gleeson (LON:GLE) Insider Stefan Allanson Buys 46 Shares

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

Stefan Allanson also recently made the following trade(s):

• On Friday, December 5th, Stefan Allanson purchased 50 shares of MJ Gleeson stock. The shares were acquired at an average price of GBX 393 per share, for a total transaction of £196.50.
• On Wednesday, November 5th, Stefan Allanson purchased 57 shares of MJ Gleeson stock. The shares were acquired at an average cost of GBX 349 per share, with a total value of £198.93.
• On Friday, October 17th, Stefan Allanson sold 658 shares of MJ Gleeson stock. The stock was sold at an average price of GBX 355, for a total value of £2,335.90.

MJ Gleeson Price Performance

GLE opened at GBX 411 on Wednesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.89 and a current ratio of 5.79. MJ Gleeson plc has a 52-week low of GBX 320 and a 52-week high of GBX 538. The stock has a market capitalization of £239.92 million, a PE ratio of 15.16 and a beta of 1.14. The stock’s 50 day moving average price is GBX 388.69 and its 200-day moving average price is GBX 371.87.

Analyst Ratings Changes

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

MJ Gleeson Company Profile

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.