Insider Buying: London Stock Exchange Group (LON:LSEG) Insider Purchases £386,892.24 in Stock

London Stock Exchange Group plc (LON:LSEG) insider Michel-Alain Proch purchased 4,676 shares of London Stock Exchange Group stock in a transaction on Friday, September 19th. The shares were acquired at an average cost of GBX 8,274 per share, for a total transaction of £386,892.24.

Michel-Alain Proch also recently made the following trade(s):

• On Friday, August 1st, Michel-Alain Proch acquired 5,686 shares of London Stock Exchange Group stock. The shares were purchased at an average price of GBX 9,340 per share, for a total transaction of £531,072.40.

London Stock Exchange Group Stock Up 0.1%

Shares of LON:LSEG opened at GBX 8,194.17 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 47.39. The company has a fifty day simple moving average of GBX 9,403.97 and a 200 day simple moving average of £105.62. The firm has a market cap of £42.91 billion, a PE ratio of 4,412.59, a price-to-earnings-growth ratio of 1.72 and a beta of 0.41. London Stock Exchange Group plc has a 12-month low of GBX 8,094 and a 12-month high of £121.85.

London Stock Exchange Group (LON:LSEG) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX 208.90 earnings per share (EPS) for the quarter. London Stock Exchange Group had a net margin of 7.93% and a return on equity of 2.92%. On average, equities research analysts anticipate that London Stock Exchange Group plc will post 405.5009823 EPS for the current fiscal year.

London Stock Exchange Group announced that its Board of Directors has initiated a share repurchase program on Thursday, July 31st that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LSEG. Deutsche Bank Aktiengesellschaft lifted their price objective on London Stock Exchange Group from £127 to £128 and gave the company a “buy” rating in a report on Friday, August 1st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of London Stock Exchange Group in a report on Wednesday, September 10th. Royal Bank Of Canada reissued an “outperform” rating and set a £132 price objective on shares of London Stock Exchange Group in a report on Thursday, July 31st. Finally, Citigroup lifted their price objective on London Stock Exchange Group from £130 to £132 and gave the company a “buy” rating in a report on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of £130.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.