Insider Selling: Taylor Wimpey (LON:TW) Insider Sells 490,379 Shares of Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly sold 490,379 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of GBX 101, for a total value of £495,282.79.

Jennie Daly also recently made the following trade(s):

• On Monday, February 9th, Jennie Daly acquired 139 shares of Taylor Wimpey stock. The stock was bought at an average cost of GBX 108 per share, for a total transaction of £150.12.
• On Thursday, January 8th, Jennie Daly bought 139 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 108 per share, with a total value of £150.12.
• On Monday, December 8th, Jennie Daly bought 147 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 102 per share, with a total value of £149.94.

Taylor Wimpey Stock Down 1.3%

TW stock traded down GBX 1.35 during midday trading on Friday, hitting GBX 100.55. 38,546,870 shares of the company traded hands, compared to its average volume of 2,409,451. The company has a market cap of £3.61 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The company has a quick ratio of 0.71, a current ratio of 4.58 and a debt-to-equity ratio of 2.94. The firm’s fifty day simple moving average is GBX 109.13 and its 200 day simple moving average is GBX 104.32.

Taylor Wimpey (LON:TW) last issued its quarterly earnings data on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share for the quarter. Taylor Wimpey had a net margin of 2.40% and a return on equity of 1.97%. Equities research analysts forecast that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Taylor Wimpey declared that its board has approved a share repurchase program on Thursday, March 5th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the homebuilder to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

TW has been the subject of a number of research analyst reports. The Goldman Sachs Group began coverage on Taylor Wimpey in a report on Monday, November 24th. They set a “neutral” rating and a GBX 109 price target for the company. Citigroup cut their target price on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a research note on Friday, January 16th. Berenberg Bank restated a “buy” rating and issued a GBX 128 price target on shares of Taylor Wimpey in a research report on Thursday, January 15th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 150 price objective on shares of Taylor Wimpey in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 125.33.

More Taylor Wimpey News

Here are the key news stories impacting Taylor Wimpey this week:

• Positive Sentiment: Board authorises a share buyback, signalling management believes the stock is undervalued. The announcement may support the share price if repurchases follow. Read More.
• Positive Sentiment: Stifel Nicolaus reaffirmed a “buy” rating with a GBX 120 price target, providing broker support and a clear upside reference for investors. Read More.
• Neutral Sentiment: Quarterly results: Taylor Wimpey reported GBX 8 EPS and reiterated profit guidance (metrics show low margins and modest ROE), which is neither clearly bullish nor deeply bearish on its own. Read More.
• Neutral Sentiment: Analyst/press take: Investors’ Chronicle describes the stock as offering income with limited growth, underscoring why yield-focused investors may remain interested while growth-focused investors stay cautious. Read More.
• Negative Sentiment: Taylor Wimpey warned on profit as margin pressures deepen and said it is shifting its payout structure — that combination increases uncertainty around near-term earnings and dividends and is weighing on the share price today. Read More.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.