Beazley (LON:BEZ) Insider Sells £113,009.12 in Stock

Beazley plc (LON:BEZ) insider Paul Bantick sold 8,774 shares of Beazley stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of GBX 1,288, for a total value of £113,009.12.

Paul Bantick also recently made the following trade(s):

• On Wednesday, March 4th, Paul Bantick sold 18,360 shares of Beazley stock. The shares were sold at an average price of GBX 1,289, for a total value of £236,660.40.

Beazley Price Performance

Shares of BEZ opened at GBX 1,287.50 on Friday. The stock has a market capitalization of £7.58 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 1.57 and a beta of 0.29. The business’s fifty day moving average price is GBX 1,131.15 and its 200 day moving average price is GBX 948.33. Beazley plc has a 12-month low of GBX 750 and a 12-month high of GBX 1,293.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Citigroup cut shares of Beazley to a “neutral” rating and raised their target price for the stock from GBX 1,025 to GBX 1,280 in a report on Thursday, January 22nd. Berenberg Bank decreased their target price on Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 900 target price on shares of Beazley in a report on Tuesday, November 25th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.