Canaan (LON:CAN) Insider Maxime Saada Acquires 35,700 Shares

Canaan Inc (LON:CAN) insider Maxime Saada purchased 35,700 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was bought at an average price of GBX 245 per share, with a total value of £87,465.

Canaan Stock Down 1.8%

Shares of CAN traded down GBX 4 during mid-day trading on Thursday, reaching GBX 222.40. 10,842,827 shares of the stock traded hands, compared to its average volume of 7,084,758. The firm has a market cap of £2.18 billion and a price-to-earnings ratio of -14.83. The stock has a fifty day simple moving average of GBX 289.54 and a 200 day simple moving average of GBX 258.76. Canaan Inc has a 12-month low of GBX 149.95 and a 12-month high of GBX 327.40.

Canaan (LON:CAN) last announced its earnings results on Friday, February 20th. The company reported GBX 11.20 earnings per share for the quarter. Canaan had a negative net margin of 2.30% and a negative return on equity of 3.20%.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Canaan from GBX 400 to GBX 350 and set a “buy” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 350.

Canaan Company Profile

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.