Beazley (LON:BEZ) Insider Sells £194,702.17 in Stock

Beazley plc (LON:BEZ) insider Adrian Cox sold 15,223 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of GBX 1,279, for a total transaction of £194,702.17.

Adrian Cox also recently made the following trade(s):

• On Wednesday, March 4th, Adrian Cox sold 77,032 shares of Beazley stock. The stock was sold at an average price of GBX 1,289, for a total transaction of £992,942.48.

Beazley Stock Down 0.1%

Shares of LON BEZ opened at GBX 1,281.03 on Thursday. The firm’s 50-day moving average price is GBX 1,275.89 and its two-hundred day moving average price is GBX 1,087.18. Beazley plc has a 52-week low of GBX 750 and a 52-week high of GBX 1,293. The stock has a market capitalization of £7.57 billion, a P/E ratio of 8.85, a P/E/G ratio of 1.57 and a beta of 0.28.

Wall Street Analyst Weigh In

Separately, Citigroup cut Beazley to a “neutral” rating and lifted their price target for the company from GBX 1,025 to GBX 1,280 in a report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Beazley presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.