THG (LON:THG) Insider Matthew Moulding Acquires 24,395,170 Shares

THG Plc (LON:THG) insider Matthew Moulding purchased 24,395,170 shares of the business’s stock in a transaction on Friday, February 20th. The shares were bought at an average price of GBX 35 per share, for a total transaction of £8,538,309.50.

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

• On Monday, December 8th, Matthew Moulding bought 209,086,400 shares of THG stock. The shares were purchased at an average price of GBX 32 per share, with a total value of £66,907,648.

THG Stock Down 1.4%

THG stock opened at GBX 34.68 on Tuesday. The stock’s fifty day moving average is GBX 41.26 and its two-hundred day moving average is GBX 39.67. The stock has a market cap of £540.22 million, a PE ratio of -3.47, a P/E/G ratio of -0.08 and a beta of 2.40. THG Plc has a 1-year low of GBX 22.90 and a 1-year high of GBX 52.55. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of THG in a report on Monday, January 19th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, THG has a consensus rating of “Moderate Buy” and a consensus price target of GBX 55.

THG Company Profile

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.