THG (LON:THG) Insider Matthew Moulding Purchases 24,395,170 Shares of Stock

THG Plc (LON:THG) insider Matthew Moulding acquired 24,395,170 shares of the business’s stock in a transaction on Friday, February 20th. The stock was purchased at an average price of GBX 35 per share, for a total transaction of £8,538,309.50.

Matthew Moulding also recently made the following trade(s):

• On Monday, December 8th, Matthew Moulding acquired 209,086,400 shares of THG stock. The stock was purchased at an average cost of GBX 32 per share, with a total value of £66,907,648.

THG Stock Up 4.7%

Shares of THG stock opened at GBX 36.32 on Wednesday. THG Plc has a 1-year low of GBX 22.90 and a 1-year high of GBX 52.55. The company has a market capitalization of £565.77 million, a PE ratio of -3.63, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89. The business has a 50-day moving average of GBX 41.10 and a 200-day moving average of GBX 39.68.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of THG in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, THG has an average rating of “Moderate Buy” and an average price target of GBX 55.

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.