ForViva (LON:FVA) Insider Tim Jones Acquires 40,000 Shares of Stock

ForViva plc (LON:FVA) insider Tim Jones acquired 40,000 shares of the business’s stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 138 per share, for a total transaction of £55,200.

Tim Jones also recently made the following trade(s):

• On Tuesday, July 14th, Tim Jones bought 10,000 shares of ForViva stock. The shares were acquired at an average price of GBX 138 per share, with a total value of £13,800.
• On Wednesday, July 15th, Tim Jones bought 40,000 shares of ForViva stock. The stock was acquired at an average cost of GBX 137 per share, with a total value of £54,800.

ForViva Trading Up 5.8%

Shares of FVA stock opened at GBX 146 on Tuesday. ForViva plc has a 1 year low of GBX 114.50 and a 1 year high of GBX 146. The firm’s fifty day moving average price is GBX 134.75 and its two-hundred day moving average price is GBX 133.07. The firm has a market capitalization of £75.61 million and a P/E ratio of 6.03.

ForViva (LON:FVA) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 11 EPS for the quarter. The business had revenue of GBX 5,057 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FVA shares. Shore Capital Group reissued a “hold” rating on shares of ForViva in a research report on Friday, April 17th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 190 price target on shares of ForViva in a research report on Monday, June 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 190.

ForViva Company Profile

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long‑term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day‑to‑day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third‑party care providers to deliver supported housing solutions.