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

Man Group Plc (LON:EMG – Get Free Report) insider Anne Wade bought 8,500 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The shares were purchased at an average price of GBX 303 per share, with a total value of £25,755.

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

  • On Friday, November 6th, Anne Wade purchased 7,500 shares of Man Group stock. The shares were acquired at an average price of GBX 300 per share, for a total transaction of £22,500.

Man Group Price Performance

EMG stock traded up GBX 5.60 during midday trading on Monday, reaching GBX 302.60. 79,457,539 shares of the company’s stock traded hands, compared to its average volume of 18,646,588. The company has a 50-day simple moving average of GBX 324.86 and a two-hundred day simple moving average of GBX 289.73. Man Group Plc has a 1-year low of GBX 197 and a 1-year high of GBX 348.80. The company 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.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Man Group from GBX 365 to GBX 355 and set a “hold” rating on the stock in a report on Friday. Jefferies Financial Group boosted their target price 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. Finally, Citigroup boosted their target price on shares of Man Group from GBX 325 to GBX 335 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Man Group presently has a consensus rating of “Hold” and an average target price of GBX 321.

Get Our Latest Analysis on Man Group

About Man Group

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Man Group (LON:EMG)

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