3i Group (LON:III) Insider Purchases £861,500 in Stock

3i Group (LON:III) insider Peter McKellar bought 25,000 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were bought at an average cost of GBX 3,446 per share, with a total value of £861,500.

Peter McKellar also recently made the following trade(s):

• On Friday, November 14th, Peter McKellar purchased 4,000 shares of 3i Group stock. The stock was bought at an average cost of GBX 3,345 per share, for a total transaction of £133,800.

3i Group Stock Performance

Shares of 3i Group stock opened at GBX 3,306.10 on Thursday. The business has a 50-day simple moving average of GBX 4,109.53 and a 200-day simple moving average of GBX 4,109.50. The company has a debt-to-equity ratio of 6.20, a quick ratio of 0.09 and a current ratio of 3.25. 3i Group has a one year low of GBX 3,242 and a one year high of GBX 4,497. The company has a market cap of £32.58 billion, a PE ratio of 6.35, a P/E/G ratio of -0.35 and a beta of 1.01.

3i Group (LON:III) last issued its earnings results on Thursday, November 13th. The company reported GBX 340.20 earnings per share for the quarter. 3i Group had a net margin of 96.45% and a return on equity of 19.97%. On average, equities research analysts forecast that 3i Group will post 622.7106227 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. UBS Group reaffirmed a “buy” rating and set a GBX 4,700 price objective on shares of 3i Group in a research report on Friday, November 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of 3i Group in a report on Monday. Deutsche Bank Aktiengesellschaft lowered their price objective on 3i Group from GBX 4,600 to GBX 4,300 and set a “buy” rating for the company in a research report on Thursday, November 13th. Finally, Citigroup reissued a “buy” rating and set a GBX 4,800 target price on shares of 3i Group in a research report on Friday, November 14th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 4,600.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.