3i Group (LON:III) Insider Acquires £56,208.96 in Stock

3i Group (LON:III) insider Jasi Halai acquired 2,692 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 2,088 per share, with a total value of £56,208.96.

Jasi Halai also recently made the following trade(s):

• On Friday, May 15th, Jasi Halai bought 471 shares of 3i Group stock. The stock was purchased at an average cost of GBX 2,175 per share, for a total transaction of £10,244.25.
• On Friday, May 15th, Jasi Halai bought 1,132 shares of 3i Group stock. The stock was purchased at an average price of GBX 2,224 per share, with a total value of £25,175.68.
• On Friday, May 15th, Jasi Halai purchased 470 shares of 3i Group stock. The shares were purchased at an average cost of GBX 2,168 per share, with a total value of £10,189.60.
• On Thursday, April 30th, Jasi Halai purchased 70 shares of 3i Group stock. The shares were purchased at an average price of GBX 2,572 per share, for a total transaction of £1,800.40.

3i Group Price Performance

LON:III traded up GBX 108 during mid-day trading on Tuesday, reaching GBX 2,204. The stock had a trading volume of 258,308,141 shares, compared to its average volume of 31,298,063. 3i Group has a 12 month low of GBX 1,825 and a 12 month high of GBX 4,497. The stock has a market capitalization of £22.43 billion, a PE ratio of 3.40, a P/E/G ratio of -0.35 and a beta of 1.15. The company has a debt-to-equity ratio of 4.08, a current ratio of 131.80 and a quick ratio of 0.09. The stock has a 50-day simple moving average of GBX 2,661.51 and a two-hundred day simple moving average of GBX 3,121.42.

3i Group (LON:III) last released its earnings results on Thursday, May 14th. The company reported GBX 539.40 earnings per share for the quarter. The firm had revenue of GBX 549.60 billion during the quarter. 3i Group had a return on equity of 17.91% and a net margin of 1,236.92%. On average, equities analysts anticipate that 3i Group will post 622.7106227 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on III. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,300 price objective on shares of 3i Group in a research note on Friday. Citigroup reduced their price target on shares of 3i Group from GBX 4,750 to GBX 4,280 and set a “buy” rating on the stock in a research note on Wednesday, March 25th. Royal Bank Of Canada lowered shares of 3i Group to an “underperform” rating and decreased their price target for the company from GBX 3,250 to GBX 3,000 in a report on Monday, January 26th. Finally, UBS Group reissued a “buy” rating and issued a GBX 3,600 price objective on shares of 3i Group in a research note on Monday, May 11th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 3,795.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.