Beazley plc (LON:BEZ) Insider Sells £250,503.44 in Stock

Beazley plc (LON:BEZ) insider Adrian Cox sold 27,772 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of GBX 902 ($11.66), for a total value of £250,503.44 ($323,689.68).

Beazley Price Performance

Shares of Beazley stock opened at GBX 887 ($11.46) on Friday. Beazley plc has a 1 year low of GBX 611 ($7.90) and a 1 year high of GBX 925 ($11.95). The business has a 50-day moving average of GBX 835.25 and a two-hundred day moving average of GBX 797.34. The company has a market capitalization of £6.82 billion, a P/E ratio of 5.55, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Beazley (LON:BEZ) last announced its quarterly earnings results on Tuesday, March 4th. The company reported GBX 137 ($1.77) earnings per share (EPS) for the quarter. Beazley had a return on equity of 32.60% and a net margin of 22.82%. On average, equities analysts anticipate that Beazley plc will post 101.6172507 EPS for the current fiscal year.

Beazley announced that its Board of Directors has initiated a stock repurchase program on Tuesday, March 4th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

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.