Beazley (LON:BEZ) Insider Paul Bantick Sells 8,774 Shares of Stock

Beazley plc (LON:BEZ) insider Paul Bantick sold 8,774 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of GBX 1,288, for a total value of £113,009.12.

Paul Bantick also recently made the following trade(s):

• On Wednesday, March 4th, Paul Bantick sold 18,360 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total transaction of £236,660.40.

Beazley Price Performance

BEZ stock opened at GBX 1,288 on Wednesday. The company has a market capitalization of £7.59 billion, a P/E ratio of 8.53, a PEG ratio of 1.57 and a beta of 0.29. The business has a 50-day moving average price of GBX 1,112.90 and a 200 day moving average price of GBX 943.54. Beazley plc has a 1-year low of GBX 750 and a 1-year high of GBX 1,293.

Analyst Ratings Changes

Several research firms recently issued reports on BEZ. Citigroup downgraded Beazley to a “neutral” rating and upped their target price for the company from GBX 1,025 to GBX 1,280 in a research report on Thursday, January 22nd. Peel Hunt reaffirmed an “add” rating and set a GBX 900 target price on shares of Beazley in a report on Tuesday, November 25th. Jefferies Financial Group upped their price target on Beazley from GBX 1,000 to GBX 1,040 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Berenberg Bank decreased their price objective on shares of Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. decreased their target price on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.