National Grid plc (LON:NG) Insider Acquires £158.72 in Stock

National Grid plc (LON:NG - Get Free Report) insider John Pettigrew acquired 16 shares of the business's stock in a transaction on Monday, October 7th. The stock was acquired at an average price of GBX 992 ($12.98) per share, with a total value of £158.72 ($207.72).

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

• On Tuesday, October 1st, John Pettigrew bought 220,000 shares of National Grid stock. The stock was purchased at an average cost of GBX 1,039 ($13.60) per share, for a total transaction of £2,285,800 ($2,991,493.26).
• On Monday, September 9th, John Pettigrew bought 14 shares of National Grid stock. The stock was purchased at an average cost of GBX 1,028 ($13.45) per share, for a total transaction of £143.92 ($188.35).
• On Wednesday, August 7th, John Pettigrew bought 15 shares of National Grid stock. The stock was purchased at an average cost of GBX 975 ($12.76) per share, for a total transaction of £146.25 ($191.40).
• On Friday, July 19th, John Pettigrew bought 271 shares of National Grid stock. The stock was purchased at an average cost of GBX 937 ($12.26) per share, for a total transaction of £2,539.27 ($3,323.22).

National Grid Stock Down 0.5 %

National Grid stock traded down GBX 5.20 ($0.07) during midday trading on Tuesday, hitting GBX 991.80 ($12.98). 7,403,302 shares of the company were exchanged. The company's fifty day moving average price is GBX 1,008 and its 200-day moving average price is GBX 993.89. The company has a market cap of £48.50 billion, a PE ratio of 1,803.27, a price-to-earnings-growth ratio of 2.04 and a beta of 0.25. The company has a debt-to-equity ratio of 161.24, a current ratio of 0.91 and a quick ratio of 0.34. National Grid plc has a fifty-two week low of GBX 645 ($8.44) and a fifty-two week high of GBX 1,145.50 ($14.99).

Analyst Ratings Changes

A number of research firms recently commented on NG. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 1,200 ($15.70) price objective on shares of National Grid in a research note on Friday, August 30th. Royal Bank of Canada reaffirmed an "outperform" rating and set a GBX 1,125 ($14.72) price objective on shares of National Grid in a research note on Tuesday, June 25th. Finally, Citigroup reissued a "top pick" rating on shares of National Grid in a research note on Monday, September 16th.

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.