Inmarsat Plc (LON:ISAT) insider Pip McCrostie acquired 2,000 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was acquired at an average price of GBX 443 ($5.96) per share, for a total transaction of £8,860 ($11,924.63).

Shares of Inmarsat Plc (ISAT) opened at GBX 443.30 ($5.97) on Monday. Inmarsat Plc has a 1 year low of GBX 439.25 ($5.91) and a 1 year high of GBX 865 ($11.64).

ISAT has been the topic of a number of research reports. HSBC dropped their price target on Inmarsat from GBX 820 ($11.04) to GBX 720 ($9.69) and set a “hold” rating on the stock in a research note on Friday, November 3rd. dropped their price target on Inmarsat from GBX 820 ($11.04) to GBX 720 ($9.69) and set a “hold” rating on the stock in a research note on Friday, November 3rd. Beaufort Securities restated a “hold” rating and set a GBX 475 ($6.39) price target on shares of Inmarsat in a research note on Thursday. Barclays dropped their price target on Inmarsat from GBX 755 ($10.16) to GBX 670 ($9.02) and set an “underweight” rating on the stock in a research note on Friday, September 15th. Finally, Berenberg Bank dropped their price target on Inmarsat from GBX 640 ($8.61) to GBX 600 ($8.08) and set a “hold” rating on the stock in a research note on Wednesday, November 15th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. Inmarsat has an average rating of “Hold” and a consensus target price of GBX 676.39 ($9.10).

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Inmarsat Company Profile

Inmarsat plc is a United Kingdom-based provider of global mobile satellite communications services. The Company’s segments include Maritime, Government, Enterprise, Aviation and Central Services. The Maritime segment focuses on commercial maritime services across the world. The Maritime segment includes the provision of broadband data and safety communications for all vessel sizes.

Insider Buying and Selling by Quarter for Inmarsat (LON:ISAT)

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