Insider Buying: Celebrus Technologies (LON:CLBS) Insider Acquires £499,521.15 in Stock

Celebrus Technologies plc (LON:CLBS) insider Helen Patricia Gilder acquired 5,409 shares of the company’s stock in a transaction dated Tuesday, July 14th. The shares were bought at an average cost of GBX 9,235 per share, with a total value of £499,521.15.

Celebrus Technologies Stock Up 1.9%

Shares of Celebrus Technologies stock opened at GBX 105 on Friday. The business has a 50 day moving average of GBX 88.25 and a 200 day moving average of GBX 107.03. The company has a market cap of £39.81 million, a PE ratio of 11.06 and a beta of 0.84. Celebrus Technologies plc has a 52 week low of GBX 74 and a 52 week high of GBX 194.

Celebrus Technologies (LON:CLBS) last announced its earnings results on Tuesday, July 14th. The company reported GBX 1.07 earnings per share for the quarter. Celebrus Technologies had a negative net margin of 2.17% and a negative return on equity of 1.32%.

Trending Headlines about Celebrus Technologies

Here are the key news stories impacting Celebrus Technologies this week:

• Positive Sentiment: Chief Financial Officer Ashoni (Ash) Kumar Mehta bought additional shares this week, including 40,000 shares at GBX 102 and earlier purchases of 50,000 shares at GBX 96 and 10,000 shares at GBX 99. Repeated open-market buying by a top executive is often viewed positively by investors. Article Title
• Positive Sentiment: Another director, Helen Patricia Gilder, also purchased shares, reinforcing the impression that insiders may believe the stock is undervalued after recent weakness. Article Title
• Neutral Sentiment: Celebrus recently reported quarterly earnings of GBX 1.07 per share, but profitability remains pressured with a negative net margin and negative return on equity. Article Title
• Negative Sentiment: Investors are still digesting a report that profits slumped due to deal delays, which suggests near-term execution risk and helps explain why the stock has not fully recovered to prior levels. Article Title
• Negative Sentiment: Canaccord Genuity previously cut its price target on Celebrus Technologies from GBX 280 to GBX 150, highlighting more cautious expectations despite maintaining a buy rating. Article Title

Analyst Ratings Changes

Separately, Canaccord Genuity Group reduced their target price on Celebrus Technologies from GBX 280 to GBX 150 and set a “buy” rating for the company in a report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 150.

Celebrus Technologies Company Profile

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.