Insider Selling: WPP plc (LON:WPP) Insider Sells £149,574.40 in Stock

WPP plc (LON:WPP) insider Joanne Wilson sold 23,371 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of GBX 640 ($8.28), for a total value of £149,574.40 ($193,473.55).

WPP Price Performance

WPP stock opened at GBX 616.20 ($7.97) on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 215.67. WPP plc has a 52-week low of GBX 604.20 ($7.82) and a 52-week high of GBX 903 ($11.68). The stock’s 50 day moving average is GBX 728 and its two-hundred day moving average is GBX 777.69. The company has a market capitalization of £6.64 billion, a PE ratio of 32.55, a P/E/G ratio of 13.47 and a beta of 1.13.

WPP (LON:WPP) last posted its quarterly earnings data on Thursday, February 27th. The company reported GBX 50.30 ($0.65) earnings per share (EPS) for the quarter. WPP had a return on equity of 5.92% and a net margin of 1.37%. Analysts predict that WPP plc will post 81.6125654 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price target on WPP from GBX 1,040 ($13.45) to GBX 960 ($12.42) and set a “neutral” rating on the stock in a research report on Tuesday, January 7th.

About WPP

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

At WPP we’re reinventing creativity on an ever-broader canvas, bringing together unrivalled talent, resources and skills to provide an integrated offer of communications, experience, commerce and technology for clients.