Greencore Group (LON:GNC) Insider Leslie Van de Walle Buys 350,000 Shares of Stock

Greencore Group plc (LON:GNC) insider Leslie Van de Walle acquired 350,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was acquired at an average price of GBX 238 per share, for a total transaction of £833,000.

Leslie Van de Walle also recently made the following trade(s):

• On Tuesday, June 9th, Leslie Van de Walle bought 125,000 shares of Greencore Group stock. The shares were acquired at an average price of GBX 195 per share, with a total value of £243,750.
• On Monday, June 1st, Leslie Van de Walle purchased 75,000 shares of Greencore Group stock. The stock was acquired at an average cost of GBX 200 per share, for a total transaction of £150,000.
• On Thursday, May 28th, Leslie Van de Walle purchased 6,000 shares of Greencore Group stock. The stock was acquired at an average price of GBX 214 per share, for a total transaction of £12,840.
• On Wednesday, May 27th, Leslie Van de Walle purchased 30,000 shares of Greencore Group stock. The shares were bought at an average cost of GBX 227 per share, with a total value of £68,100.

Greencore Group Trading Up 1.2%

Greencore Group stock opened at GBX 243.40 on Friday. The stock has a 50-day moving average price of GBX 209.52 and a 200 day moving average price of GBX 241.39. Greencore Group plc has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50. The stock has a market cap of £1.93 billion, a PE ratio of 86.93, a P/E/G ratio of 0.10 and a beta of 0.81. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 80.03.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Jefferies Financial Group restated a “hold” rating and issued a GBX 185 price target on shares of Greencore Group in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 325 target price on shares of Greencore Group in a research report on Thursday, May 28th. Shore Capital Group reaffirmed a “house stock” rating on shares of Greencore Group in a research report on Monday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 351 price target on shares of Greencore Group in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Greencore Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 290.25.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.