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Insider Buying: National Grid plc (LON:NG) Insider Purchases 14 Shares of Stock

National Grid logo with Utilities background

National Grid plc (LON:NG - Get Free Report) insider John Pettigrew purchased 14 shares of National Grid stock in a transaction on Monday, September 9th. The stock was bought at an average price of GBX 1,028 ($13.44) per share, for a total transaction of £143.92 ($188.20).

John Pettigrew also recently made the following trade(s):

  • On Wednesday, August 7th, John Pettigrew acquired 15 shares of National Grid stock. The stock was purchased at an average cost of GBX 975 ($12.75) per share, for a total transaction of £146.25 ($191.25).
  • On Friday, July 19th, John Pettigrew acquired 271 shares of National Grid stock. The stock was purchased at an average price of GBX 937 ($12.25) per share, with a total value of £2,539.27 ($3,320.61).
  • On Monday, July 8th, John Pettigrew purchased 17 shares of National Grid stock. The shares were purchased at an average cost of GBX 931 ($12.17) per share, for a total transaction of £158.27 ($206.97).
  • On Tuesday, July 2nd, John Pettigrew sold 197,294 shares of National Grid stock. The stock was sold at an average price of GBX 892 ($11.66), for a total value of £1,759,862.48 ($2,301,376.33).

National Grid Price Performance

LON:NG traded up GBX 16 ($0.21) during mid-day trading on Tuesday, reaching GBX 1,035.50 ($13.54). The company's stock had a trading volume of 4,847,935 shares. The company has a debt-to-equity ratio of 161.24, a quick ratio of 0.34 and a current ratio of 0.91. The company has a market cap of £50.64 billion, a PE ratio of 1,882.73, a P/E/G ratio of 1.97 and a beta of 0.25. The stock's fifty day moving average price is GBX 967.42 and its two-hundred day moving average price is GBX 994.73.


Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NG. Royal Bank of Canada reissued an "outperform" rating and set a GBX 1,125 ($14.71) price objective on shares of National Grid in a research report on Tuesday, June 25th. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 1,200 ($15.69) target price on shares of National Grid in a research report on Friday, August 30th.

Read Our Latest Stock Analysis on National Grid

About National Grid

(Get Free Report)

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.

Further Reading

Insider Buying and Selling by Quarter for National Grid (LON:NG)

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