Jupiter Fund Management (LON:JUP) Insider Matthew Beesley Sells 23,463 Shares

Jupiter Fund Management Plc (LON:JUP) insider Matthew Beesley sold 23,463 shares of the stock in a transaction dated Monday, April 13th. The stock was sold at an average price of GBX 158, for a total transaction of £37,071.54.

Matthew Beesley also recently made the following trade(s):

• On Monday, March 2nd, Matthew Beesley sold 308,933 shares of Jupiter Fund Management stock. The stock was sold at an average price of GBX 188, for a total transaction of £580,794.04.

Jupiter Fund Management Price Performance

JUP stock opened at GBX 162.40 on Wednesday. The stock has a market capitalization of £815.22 million, a PE ratio of 9.07 and a beta of 1.37. The company’s 50-day moving average is GBX 178.45 and its 200-day moving average is GBX 164.75. Jupiter Fund Management Plc has a 1 year low of GBX 67.90 and a 1 year high of GBX 214.50.

Jupiter Fund Management (LON:JUP) last released its quarterly earnings data on Thursday, February 26th. The company reported GBX 19.40 earnings per share (EPS) for the quarter. Jupiter Fund Management had a net margin of 21.19% and a return on equity of 11.49%. On average, analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current fiscal year.

Jupiter Fund Management declared that its board has initiated a share buyback program on Wednesday, April 8th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Jupiter Fund Management from GBX 165 to GBX 175 and gave the company a “hold” rating in a research report on Monday, February 2nd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jupiter Fund Management currently has an average rating of “Hold” and a consensus target price of GBX 150.33.

Jupiter Fund Management Company Profile

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.