Jupiter Fund Management (LON:JUP) Stock: Insider Matthew Beesley Sells 447,370 Shares

Jupiter Fund Management Plc (LON:JUP) insider Matthew Beesley sold 447,370 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of GBX 173, for a total value of £773,950.10.

Jupiter Fund Management Stock Performance

Shares of JUP traded down GBX 4.60 during midday trading on Thursday, hitting GBX 168.80. 1,384,253 shares of the stock traded hands, compared to its average volume of 4,249,966. Jupiter Fund Management Plc has a 1-year low of GBX 137.20 and a 1-year high of GBX 214.50. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.79 and a current ratio of 1.58. The firm has a market capitalization of £845.94 million, a PE ratio of 9.12 and a beta of 1.30. The business’s 50 day moving average price is GBX 163.24 and its two-hundred day moving average price is GBX 164.05.

Jupiter Fund Management (LON:JUP) last released its quarterly earnings results on Thursday, July 23rd. The company reported GBX 7.20 earnings per share for the quarter. Jupiter Fund Management had a return on equity of 11.59% and a net margin of 19.32%. Equities research analysts predict that Jupiter Fund Management Plc will post 8.5093781 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price target on Jupiter Fund Management from GBX 180 to GBX 185 and gave the company a “hold” rating in a report on Friday, September 4th. Berenberg Bank reiterated a “buy” rating and issued a GBX 187 target price on shares of Jupiter Fund Management in a research report on Tuesday, August 25th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 176.

Jupiter Fund Management Company Profile

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.