Canaan (LON:CAN) Insider Maxime Saada Acquires 35,700 Shares

Canaan Inc (LON:CAN) insider Maxime Saada acquired 35,700 shares of Canaan stock in a transaction that occurred on Wednesday, March 11th. The shares were purchased at an average price of GBX 245 per share, with a total value of £87,465.

Canaan Trading Down 1.8%

LON:CAN opened at GBX 222.40 on Friday. The company’s 50 day moving average is GBX 288.65 and its two-hundred day moving average is GBX 258.50. The company has a market cap of £2.18 billion and a PE ratio of -14.83. Canaan Inc has a twelve month low of GBX 149.95 and a twelve month high of GBX 327.40.

Canaan (LON:CAN) last issued its earnings results on Friday, February 20th. The company reported GBX 11.20 EPS for the quarter. Canaan had a negative return on equity of 3.20% and a negative net margin of 2.30%.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Canaan from GBX 400 to GBX 350 and set a “buy” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Canaan has an average rating of “Buy” and a consensus target price of GBX 350.

Canaan Company Profile

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.