European Wealth Group (LON:EWG) Insider Morgan Seigler Sells 30,000,000 Shares

European Wealth Group Limited (LON:EWG) insider Morgan Seigler sold 30,000,000 shares of the stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of GBX 100, for a total transaction of £30,000,000.

European Wealth Group Price Performance

Shares of EWG opened at GBX 101.80 on Thursday. European Wealth Group Limited has a 1-year low of GBX 87 and a 1-year high of GBX 135. The stock has a market cap of £708.27 million and a price-to-earnings ratio of 351.03. The firm has a 50 day simple moving average of GBX 105.50 and a 200-day simple moving average of GBX 111.97.

Wall Street Analyst Weigh In

EWG has been the subject of a number of analyst reports. UBS Group reissued a “neutral” rating and issued a GBX 142 price target on shares of European Wealth Group in a report on Wednesday, March 25th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 132 price objective on shares of European Wealth Group in a research note on Monday, June 22nd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 126.

About European Wealth Group

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.