John Pettigrew Acquires 220,000 Shares of National Grid plc (LON:NG) Stock

National Grid plc (LON:NG - Get Free Report) insider John Pettigrew bought 220,000 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was acquired at an average price of GBX 1,039 ($13.90) per share, for a total transaction of £2,285,800 ($3,057,517.39).

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

• On Monday, September 9th, John Pettigrew acquired 14 shares of National Grid stock. The shares were purchased at an average price of GBX 1,028 ($13.75) per share, for a total transaction of £143.92 ($192.51).
• On Wednesday, August 7th, John Pettigrew acquired 15 shares of National Grid stock. The shares were purchased at an average price of GBX 975 ($13.04) per share, for a total transaction of £146.25 ($195.63).
• On Friday, July 19th, John Pettigrew acquired 271 shares of National Grid stock. The shares were purchased at an average price of GBX 937 ($12.53) per share, for a total transaction of £2,539.27 ($3,396.56).
• On Monday, July 8th, John Pettigrew acquired 17 shares of National Grid stock. The shares were purchased at an average price of GBX 931 ($12.45) per share, for a total transaction of £158.27 ($211.70).

National Grid Price Performance

NG stock traded up GBX 17.50 ($0.23) during trading on Wednesday, reaching GBX 1,047.50 ($14.01). The company's stock had a trading volume of 7,239,261 shares. The company's fifty day moving average is GBX 1,003.11 and its 200-day moving average is GBX 994.62. National Grid plc has a 1 year low of GBX 645 ($8.63) and a 1 year high of GBX 1,145.50 ($15.32). The company has a market capitalization of £51.22 billion, a P/E ratio of 1,904.55, a price-to-earnings-growth ratio of 2.04 and a beta of 0.25. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 161.24.

Analyst Ratings Changes

A number of research analysts recently issued reports on NG shares. Citigroup restated a "top pick" rating on shares of National Grid in a report on Monday, September 16th. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 1,200 ($16.05) price target on shares of National Grid in a research report on Friday, August 30th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a GBX 1,125 ($15.05) price target on shares of National Grid in a research report on Tuesday, June 25th.

National Grid Company Profile

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.