Pearson plc (LON:PSON) Insider Sells £1,010,737.44 in Stock

Pearson plc (LON:PSON - Get Free Report) insider Omar Abbosh sold 77,989 shares of the business's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of GBX 1,296 ($16.21), for a total transaction of £1,010,737.44 ($1,264,528.26).

Pearson Stock Performance

Shares of PSON traded down GBX 2.50 ($0.03) during trading hours on Monday, hitting GBX 1,288 ($16.11). The company had a trading volume of 1,262,011 shares, compared to its average volume of 952,819. The firm has a market cap of £8.55 billion, a price-to-earnings ratio of 2,576.00, a PEG ratio of 0.83 and a beta of 0.31. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 43.56. The business has a fifty day moving average of GBX 1,223.52 and a 200-day moving average of GBX 1,093.14. Pearson plc has a 12 month low of GBX 925.20 ($11.58) and a 12 month high of GBX 1,304 ($16.31).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lifted their price target on Pearson from GBX 1,170 ($14.64) to GBX 1,400 ($17.52) and gave the stock an "overweight" rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,146.75 ($14.35).

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.