Insider Selling: Man Group (LON:EMG) Insider Sells £1,535,000 in Stock

Man Group Plc (LON:EMG) insider Antoine Forterre sold 500,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of GBX 307, for a total value of £1,535,000.

Man Group Price Performance

Shares of LON EMG opened at GBX 302.20 on Friday. The stock has a fifty day moving average price of GBX 294.53 and a 200 day moving average price of GBX 273.12. Man Group Plc has a 1-year low of GBX 154.25 and a 1-year high of GBX 327.20. The company has a debt-to-equity ratio of 18.96, a current ratio of 2.02 and a quick ratio of 1.58. The company has a market cap of £3.37 billion, a PE ratio of 20.15, a P/E/G ratio of -1.15 and a beta of 0.64.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Man Group from GBX 310 to GBX 330 and gave the company a “hold” rating in a research note on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 345 target price on shares of Man Group in a research note on Wednesday. Finally, Citigroup boosted their price target on Man Group from GBX 325 to GBX 335 and gave the company a “neutral” rating in a report on Wednesday. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Man Group currently has an average rating of “Hold” and an average target price of GBX 304.75.

About Man Group

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers’ capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future.
Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.
We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.