Tim Jones Purchases 40,000 Shares of ForViva (LON:FVA) Stock

ForViva plc (LON:FVA) insider Tim Jones bought 40,000 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were purchased at an average cost of GBX 137 per share, for a total transaction of £54,800.

Tim Jones also recently made the following trade(s):

• On Tuesday, July 14th, Tim Jones bought 10,000 shares of ForViva stock. The stock was acquired at an average price of GBX 138 per share, with a total value of £13,800.

ForViva Stock Up 0.7%

Shares of ForViva stock opened at GBX 138 on Friday. The stock has a market cap of £71.47 million and a PE ratio of 5.70. The business has a fifty day simple moving average of GBX 134.64 and a 200-day simple moving average of GBX 132.98. ForViva plc has a 12 month low of GBX 114.50 and a 12 month high of GBX 145.

ForViva (LON:FVA) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 11 earnings per share for the quarter. The business had revenue of GBX 5,057 million for the quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Shore Capital Group reiterated a “hold” rating on shares of ForViva in a report on Friday, April 17th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 190 price objective on shares of ForViva in a research report on Monday, June 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 190.

About ForViva

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long‑term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day‑to‑day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third‑party care providers to deliver supported housing solutions.