Insider Buying: B.P. Marsh & Partners (LON:BPM) Insider Purchases £19,989.76 in Stock

B.P. Marsh & Partners PLC (LON:BPMGet Free Report) insider Barrie Cornes acquired 2,944 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were bought at an average price of GBX 679 per share, with a total value of £19,989.76.

B.P. Marsh & Partners Stock Performance

LON:BPM traded up GBX 5.50 during trading hours on Monday, reaching GBX 680.50. The stock had a trading volume of 21,983 shares, compared to its average volume of 31,097. The stock has a market cap of £239.80 million, a P/E ratio of 5.41 and a beta of 0.22. The stock has a 50 day simple moving average of GBX 685.78 and a 200 day simple moving average of GBX 674.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 21.03 and a current ratio of 486.99. B.P. Marsh & Partners PLC has a 12-month low of GBX 613 and a 12-month high of GBX 719.92.

B.P. Marsh & Partners (LON:BPMGet Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The insurance provider reported GBX 132.60 EPS for the quarter. B.P. Marsh & Partners had a return on equity of 13.59% and a net margin of 160.46%.The firm had revenue of GBX 1,040 million during the quarter. On average, research analysts forecast that B.P. Marsh & Partners PLC will post 61.4500021 EPS for the current fiscal year.

B.P. Marsh & Partners announced that its board has approved a stock repurchase program on Thursday, March 26th that allows the company to repurchase 0 shares. This repurchase authorization allows the insurance provider to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

B.P. Marsh & Partners Company Profile

(Get Free Report)

B.P. Marsh & Partners PLC is a specialist venture capital / private equity investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisors, wealth and fund managers and specialist advisory and consultancy firms. It considers investment opportunities based in the United Kingdom, Europe, North America and Internationally.

The Group invests amounts of up to £5m in the first round. Investment structure is flexible and investment stage ranges from start up to more developed.

Further Reading

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