Beazley plc (LON:BEZ) Insider Acquires £36,800 in Stock

Beazley plc (LON:BEZ) insider John Reizenstein purchased 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average price of GBX 736 ($9.33) per share, for a total transaction of £36,800 ($46,647.23).

Beazley Stock Down 0.7 %

BEZ traded down GBX 5 ($0.06) on Tuesday, hitting GBX 732 ($9.28). 2,288,808 shares of the company were exchanged, compared to its average volume of 2,469,261. The firm has a 50-day moving average price of GBX 769.06 and a two-hundred day moving average price of GBX 716.37. The company has a current ratio of 21.78, a quick ratio of 6.45 and a debt-to-equity ratio of 14.99. Beazley plc has a twelve month low of GBX 493.80 ($6.26) and a twelve month high of GBX 805.55 ($10.21). The company has a market cap of £4.60 billion, a price-to-earnings ratio of 494.93, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price target on Beazley from GBX 880 ($11.15) to GBX 950 ($12.04) and gave the stock a “buy” rating in a research report on Thursday, August 8th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 943 ($11.95).

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.