Simon T. Laffin Buys 191,404 Shares of Flybe Group PLC (FLYB) Stock
Flybe Group PLC (LON:FLYB) insider Simon T. Laffin purchased 191,404 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average price of GBX 39 ($0.48) per share, for a total transaction of £74,647.56 ($92,465.70).
Shares of Flybe Group PLC (LON:FLYB) opened at 43.75 on Monday. The stock’s market capitalization is GBX 94.56 million. Flybe Group PLC has a one year low of GBX 29.90 and a one year high of GBX 94.50. The company’s 50-day moving average is GBX 42.24 and its 200-day moving average is GBX 46.17.
FLYB has been the topic of a number of research reports. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 100 ($1.24) price objective on shares of Flybe Group PLC in a research note on Tuesday, October 25th. Liberum Capital cut their price objective on shares of Flybe Group PLC from GBX 105 ($1.30) to GBX 55 ($0.68) and set a “buy” rating on the stock in a research note on Wednesday, July 27th.
About Flybe Group PLC
Flybe Group plc (Flybe) operates regional airline in Europe. The Company operates in two segments: Flybe UK, which comprises the Company’s main scheduled United Kingdom domestic and the United Kingdom-Europe passenger operations and revenue ancillary to the provision of those services, and Flybe Aviation Services (FAS), which focuses on providing aviation services to customers, largely in Western Europe.
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