Jupiter Fund Management (LON:JUP) Insider Matthew Beesley Sells 308,933 Shares of Stock

Jupiter Fund Management Plc (LON:JUP) insider Matthew Beesley sold 308,933 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 188, for a total transaction of £580,794.04.

Jupiter Fund Management Stock Performance

Jupiter Fund Management stock opened at GBX 191.38 on Friday. Jupiter Fund Management Plc has a 52 week low of GBX 64.70 and a 52 week high of GBX 214.50. The firm has a market capitalization of £975.51 million, a price-to-earnings ratio of 17.72 and a beta of 1.42. The company has a 50 day moving average price of GBX 182.14 and a 200 day moving average price of GBX 155.96.

Jupiter Fund Management (LON:JUP) last announced its earnings results 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%. Equities analysts forecast that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Jupiter Fund Management

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.