Insider Selling: WPP (LON:WPP) Insider Sells 88,227 Shares of Stock

WPP plc (LON:WPP) insider Cindy Rose sold 88,227 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of GBX 282, for a total transaction of £248,800.14.

WPP Trading Up 0.1%

LON:WPP traded up GBX 0.20 on Tuesday, reaching GBX 282.20. The stock had a trading volume of 471,307,469 shares, compared to its average volume of 41,441,129. The company has a market cap of £3.04 billion, a price-to-earnings ratio of -14.11, a P/E/G ratio of 13.47 and a beta of 0.66. WPP plc has a 12-month low of GBX 218.50 and a 12-month high of GBX 547.80. The company has a debt-to-equity ratio of 334.84, a current ratio of 0.89 and a quick ratio of 0.89. The firm’s fifty day moving average is GBX 267.19 and its two-hundred day moving average is GBX 281.44.

Analyst Upgrades and Downgrades

WPP has been the subject of a number of recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 405 target price on shares of WPP in a report on Tuesday, June 9th. Citigroup boosted their target price on shares of WPP from GBX 275 to GBX 285 and gave the company a “neutral” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 350.

WPP Company Profile

WPP is the creative transformation company, using the power of creativity to build better futures for our people, planet, clients and communities.

We are a world leader in marketing services, with deep AI, data and technology capabilities, global presence and unrivalled creative talent.