Insider Selling: Pearson (LON:PSON) Insider Sells £546,782.75 in Stock

Pearson plc (LON:PSON) insider Omar Abbosh sold 52,025 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of GBX 1,051, for a total value of £546,782.75.

Pearson Stock Down 0.4%

Shares of LON:PSON opened at GBX 1,052.40 on Friday. The firm’s 50 day moving average price is GBX 1,023.85 and its 200 day moving average price is GBX 1,053.31. The stock has a market cap of £6.68 billion, a price-to-earnings ratio of 16.14, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. Pearson plc has a fifty-two week low of GBX 978.40 and a fifty-two week high of GBX 1,401. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 42.49.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Pearson in a research report on Wednesday, October 15th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Pearson currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,295.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.