Bank of Georgia Holdings PLC (LON:BGEO) insider Irakli Gilauri sold 29,916 shares of the company’s stock in a transaction dated Monday, November 28th. The shares were sold at an average price of GBX 3,051 ($37.85), for a total transaction of £912,737.16 ($1,132,287.76).

Shares of Bank of Georgia Holdings PLC (LON:BGEO) traded down 0.83% during mid-day trading on Tuesday, reaching GBX 3001.00. 160,312 shares of the company traded hands. The firm’s 50 day moving average price is GBX 2,959.50 and its 200-day moving average price is GBX 2,775.61. Bank of Georgia Holdings PLC has a 52-week low of GBX 1,538.00 and a 52-week high of GBX 3,191.00. The company’s market capitalization is GBX 1.15 billion.

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Several analysts have recently issued reports on the stock. Numis Securities Ltd cut shares of Bank of Georgia Holdings PLC to an “add” rating and set a GBX 420 ($5.21) price target on the stock. in a research report on Wednesday, November 23rd. Investec assumed coverage on shares of Bank of Georgia Holdings PLC in a research report on Wednesday, October 5th. They set a “buy” rating and a GBX 361 ($4.48) price target on the stock. Peel Hunt cut shares of Bank of Georgia Holdings PLC to a “hold” rating and set a GBX 2,600 ($32.25) price target on the stock. in a research report on Tuesday, August 16th. Jefferies Group reissued a “buy” rating and set a GBX 395 ($4.90) price target on shares of Bank of Georgia Holdings PLC in a research report on Monday, August 15th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 2,400 ($29.77) price target on shares of Bank of Georgia Holdings PLC in a research report on Thursday, August 25th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 2,141.57 ($26.57).

About Bank of Georgia Holdings PLC

BGEO Group PLC, formerly Bank of Georgia Holdings PLC, is a holding company of JSC Bank of Georgia. The Company operates through the segments, which include Banking Business and Investment Business. Its Banking business segment includes Retail Banking (RB), Corporate Banking (CB), Investment Management (IM), and other banking businesses, such as Property & Casualty (P&C) Insurance, Leasing, Payment Services and Banking operations in Belarus (BNB).

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