Man Group (LON:EMG) Insider Anne Wade Acquires 8,500 Shares of Stock

Man Group Plc (LON:EMG) insider Anne Wade purchased 8,500 shares of Man Group stock in a transaction dated Friday, November 6th. The stock was bought at an average price of GBX 303 per share, for a total transaction of £25,755.

Anne Wade also recently made the following trade(s):

• On Friday, November 6th, Anne Wade acquired 7,500 shares of Man Group stock. The shares were bought at an average cost of GBX 300 per share, with a total value of £22,500.

Man Group Trading Up 1.9%

LON EMG traded up GBX 5.60 on Monday, reaching GBX 302.60. The company had a trading volume of 79,457,539 shares, compared to its average volume of 18,646,588. The stock’s 50 day moving average is GBX 324.86 and its 200-day moving average is GBX 289.73. The stock has a market cap of £3.35 billion, a price-to-earnings ratio of 10.77, a PEG ratio of -1.15 and a beta of 0.63. The company has a quick ratio of 1.58, a current ratio of 2.40 and a debt-to-equity ratio of 19.06. Man Group Plc has a 52 week low of GBX 197 and a 52 week high of GBX 348.80.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Citigroup boosted their target price on Man Group from GBX 325 to GBX 335 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Man Group from GBX 365 to GBX 355 and set a “hold” rating on the stock in a research report on Friday. Finally, Jefferies Financial Group lifted their price objective on shares of Man Group from GBX 345 to GBX 385 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 321.

Man Group Company Profile

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers’ capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future.
Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.
We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.