Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Buys 15,000 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) insider Michael W. R. Dobson purchased 15,000 shares of the stock in a transaction on Tuesday, January 14th. The shares were acquired at an average cost of GBX 3,500 ($42.84) per share, with a total value of £525,000 ($642,594.86).

The Berkeley Group Trading Up 3.4 %

Shares of The Berkeley Group stock traded up GBX 116.95 ($1.43) on Wednesday, hitting GBX 3,578.95 ($43.81). 480,484 shares of the company traded hands, compared to its average volume of 450,321. The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The Berkeley Group Holdings plc has a 52 week low of GBX 3,462 ($42.37) and a 52 week high of GBX 5,588.54 ($68.40). The stock's 50 day moving average price is GBX 4,046.48 and its 200-day moving average price is GBX 4,589.91. The company has a market cap of £3.66 billion, a PE ratio of 929.60, a PEG ratio of -0.87 and a beta of 1.22.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their price objective on The Berkeley Group from GBX 5,000 ($61.20) to GBX 4,700 ($57.53) and set a "neutral" rating for the company in a report on Thursday, December 5th.

About The Berkeley Group

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England. Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people's lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.