Insider Buying: QinetiQ Group (LON:QQ) Insider Acquires £151.36 in Stock

QinetiQ Group plc (LON:QQGet Free Report) insider Steve Wadey acquired 32 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were acquired at an average cost of GBX 473 per share, with a total value of £151.36.

Steve Wadey also recently made the following trade(s):

  • On Thursday, August 20th, Steve Wadey bought 145 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 542 per share, for a total transaction of £785.90.
  • On Monday, August 10th, Steve Wadey bought 26 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 561 per share, for a total transaction of £145.86.
  • On Thursday, July 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 463 per share, for a total transaction of £152.79.
  • On Wednesday, July 1st, Steve Wadey sold 37,219 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 435, for a total value of £161,902.65.
  • On Tuesday, June 23rd, Steve Wadey sold 118,534 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 429, for a total value of £508,510.86.

QinetiQ Group Price Performance

LON:QQ opened at GBX 472.40 on Monday. QinetiQ Group plc has a one year low of GBX 292.20 and a one year high of GBX 491. The stock has a market cap of £2.61 billion, a PE ratio of 19.56, a P/E/G ratio of 1.47 and a beta of 0.33. The company has a debt-to-equity ratio of 74.20, a quick ratio of 1.15 and a current ratio of 1.13. The stock has a 50 day moving average price of GBX 502.87 and a 200 day moving average price of GBX 479.46.

Wall Street Analyst Weigh In

A number of analysts have issued reports on QQ shares. Berenberg Bank raised their target price on QinetiQ Group from GBX 580 to GBX 610 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Royal Bank Of Canada boosted their price target on shares of QinetiQ Group from GBX 490 to GBX 570 and gave the company a “sector perform” rating in a research report on Monday, August 10th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 487 price objective on shares of QinetiQ Group in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 600 price objective on shares of QinetiQ Group in a research report on Wednesday, July 1st. Finally, Citigroup lifted their target price on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, QinetiQ Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,663.40.

View Our Latest Report on QQ

QinetiQ Group Company Profile

(Get Free Report)

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.

See Also

Insider Buying and Selling by Quarter for QinetiQ Group (LON:QQ)

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