Chris Kennedy Sells 396,282 Shares of ITV (LON:ITV) Stock

ITV plc (LON:ITV – Get Free Report) insider Chris Kennedy sold 396,282 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of GBX 78, for a total transaction of £309,099.96.

ITV Price Performance

ITV traded down GBX 3.35 during trading on Friday, hitting GBX 77.05. 1,391,183,000 shares of the company traded hands, compared to its average volume of 59,298,168. The company has a market cap of £2.88 billion, a PE ratio of 13.28, a P/E/G ratio of -0.53 and a beta of 0.82. The stock’s 50-day simple moving average is GBX 79.44 and its two-hundred day simple moving average is GBX 79.59. ITV plc has a 1 year low of GBX 65.70 and a 1 year high of GBX 88.90. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 48.72.

Get ITV alerts:

ITV (LON:ITV – Get Free Report) last posted its earnings results on Thursday, March 5th. The broadcaster reported GBX 8.50 earnings per share for the quarter. ITV had a net margin of 7.28% and a return on equity of 11.42%. As a group, sell-side analysts anticipate that ITV plc will post 1120 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 90 target price on shares of ITV in a research note on Friday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 97.50.

Check Out Our Latest Report on ITV

About ITV

(Get Free Report)

ITV is a producer, streamer and broadcaster, consisting of ITV Studios and Media & Entertainment (M&E).

ITV Studios is a scaled global creator, owner and distributor of high-quality TV content, producing some of the most successful shows in the world. It operates in 13 countries, across 60+ labels and is diversified by genre, geography and customer in the key creative markets around the world.

Media & Entertainment is the largest commercial streamer and broadcaster. Through M&E, we make brilliant British-focused content available on ITVX – our free, advertiser-funded streaming service – alongside our free-to-air linear TV channels.

Featured Articles

• Five stocks we like better than ITV
• Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Datavalut Gains Traction: 5 Reasons to Sell Now
• TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
• The Power Grid Is Dying—Is It Time to Buy Its Replacement?

Receive News & Ratings for ITV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITV and related companies with MarketBeat.com's FREE daily email newsletter.