Barclays (LON:BARC) Insider Sells £2,404,873.48 in Stock

Barclays PLC (LON:BARC) insider Anna Cross sold 461,588 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of GBX 521, for a total value of £2,404,873.48.

Barclays Stock Performance

Shares of Barclays stock traded up GBX 3.30 during midday trading on Friday, hitting GBX 523.30. 24,491,223 shares of the company traded hands, compared to its average volume of 51,030,094. Barclays PLC has a 12 month low of GBX 352.85 and a 12 month high of GBX 538.30. The stock has a market cap of £70.58 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 1.15 and a beta of 0.88. The firm’s fifty day moving average price is GBX 500.74 and its 200-day moving average price is GBX 460.60.

Barclays (LON:BARC) last issued its quarterly earnings results on Tuesday, July 28th. The financial services provider reported GBX 30.70 EPS for the quarter. Barclays had a net margin of 25.61% and a return on equity of 10.11%. Equities research analysts forecast that Barclays PLC will post 39.1062802 earnings per share for the current year.

Key Stories Impacting Barclays

Here are the key news stories impacting Barclays this week:

• Positive Sentiment: Barclays is serving as a joint book-running manager for Athene Holding’s planned $1 billion senior-notes offering, which could generate investment-banking fees and highlights the bank’s participation in sizable capital-markets transactions. Athene Holding senior notes offering
• Neutral Sentiment: Barclays has disclosed share disposals by Group Finance Director Anna Cross and other senior executives. Executive selling can attract investor attention, although these transactions may reflect personal liquidity or scheduled trading plans rather than a change in the company’s outlook. Barclays share disposal by Anna Cross Barclays senior executive share sales
• Neutral Sentiment: Lazard has hired veteran Barclays banker Jessel Sheth to strengthen its European technology-advisory team. The move is not a direct financial event for Barclays, but it indicates continued competition for experienced investment-banking talent, particularly as software clients respond to artificial-intelligence disruption. Lazard hires Barclays veteran
• Negative Sentiment: Recent reports about a Barclays customer-account change deadline and a legal dispute involving funds from a collapsed shadow bank could create limited reputational, compliance, or litigation concerns. The available reports do not quantify any potential financial impact, so investors may view these as background risks rather than primary trading catalysts. Barclays customer account warning Barclays legal dispute

Wall Street Analysts Forecast Growth

BARC has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Barclays from GBX 600 to GBX 610 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 570 price target on shares of Barclays in a research note on Wednesday, July 29th. Jefferies Financial Group reissued a “buy” rating and set a GBX 590 price objective on shares of Barclays in a research report on Wednesday, July 29th. Shore Capital Group reaffirmed a “buy” rating on shares of Barclays in a research report on Tuesday, April 28th. Finally, Royal Bank Of Canada reduced their price objective on Barclays from GBX 575 to GBX 550 and set an “outperform” rating for the company in a research note on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 575.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. In addition, the company engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985.