Insider Buying: Rightmove (LON:RMV) Insider Buys 3,600 Shares of Stock

Rightmove plc (LON:RMV – Get Free Report) insider Lorna Tilbian acquired 3,600 shares of the stock in a transaction dated Friday, May 22nd. The shares were purchased at an average cost of GBX 403 per share, with a total value of £14,508.

Rightmove Price Performance

Shares of LON RMV opened at GBX 432.80 on Tuesday. Rightmove plc has a 1 year low of GBX 391.40 and a 1 year high of GBX 827. The company has a debt-to-equity ratio of 13.13, a current ratio of 1.89 and a quick ratio of 2.55. The company’s 50-day moving average is GBX 431.23 and its 200 day moving average is GBX 477.55. The stock has a market capitalization of £3.25 billion, a P/E ratio of 15.46, a P/E/G ratio of 2.58 and a beta of 0.88.

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Rightmove (LON:RMV – Get Free Report) last announced its quarterly earnings results on Friday, February 27th. The company reported GBX 29.10 earnings per share (EPS) for the quarter. Rightmove had a net margin of 51.06% and a return on equity of 264.68%. On average, sell-side analysts expect that Rightmove plc will post 30.2327791 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Rightmove from GBX 521 to GBX 489 and set an “underweight” rating on the stock in a research report on Thursday, March 19th. Citigroup cut their price objective on shares of Rightmove from GBX 520 to GBX 455 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, UBS Group restated a “neutral” rating and issued a GBX 481 price objective on shares of Rightmove in a report on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 643.75.

View Our Latest Stock Report on RMV

Rightmove Company Profile

(Get Free Report)

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.

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