Insider Selling: London Stock Exchange Group plc (LON:LSEG) Insider Sells 12,000 Shares of Stock

Posted by Jeff Wilder on Aug 9th, 2024

London Stock Exchange Group plc (LON:LSEG – Get Free Report) insider Martin Brand sold 12,000 shares of London Stock Exchange Group stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of GBX 9,723 ($124.26), for a total value of £1,166,760 ($1,491,067.09).

Martin Brand also recently made the following trade(s):

On Monday, August 5th, Martin Brand sold 60,566 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,581 ($122.44), for a total value of £5,802,828.46 ($7,415,755.22).
On Tuesday, July 30th, Martin Brand sold 13,167 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,472 ($121.05), for a total value of £1,247,178.24 ($1,593,838.01).
On Friday, July 26th, Martin Brand sold 51,997 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,439 ($120.63), for a total transaction of £4,907,996.83 ($6,272,200.42).
On Wednesday, July 24th, Martin Brand sold 59,996 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,430 ($120.51), for a total value of £5,657,622.80 ($7,230,188.88).
On Monday, July 22nd, Martin Brand sold 57,488 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,444 ($120.69), for a total value of £5,429,166.72 ($6,938,232.23).
On Friday, July 19th, Martin Brand sold 14,404 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,415 ($120.32), for a total transaction of £1,356,136.60 ($1,733,081.92).
On Monday, July 15th, Martin Brand sold 27,034 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,442 ($120.66), for a total transaction of £2,552,550.28 ($3,262,045.09).
On Friday, July 12th, Martin Brand sold 154,578 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,434 ($120.56), for a total transaction of £14,582,888.52 ($18,636,279.26).
On Wednesday, July 10th, Martin Brand sold 66,852 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,234 ($118.01), for a total transaction of £6,173,113.68 ($7,888,963.17).
On Monday, July 8th, Martin Brand sold 87,283 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,295 ($118.79), for a total value of £8,112,954.85 ($10,367,993.42).

London Stock Exchange Group Trading Up 0.8 %

Shares of LON LSEG traded up GBX 74 ($0.95) during mid-day trading on Friday, hitting GBX 9,828 ($125.60). The company’s stock had a trading volume of 541,587 shares, compared to its average volume of 1,262,462. London Stock Exchange Group plc has a one year low of GBX 7,936 ($101.42) and a one year high of £110.80 ($141.60). The company’s fifty day simple moving average is GBX 9,439.04 and its 200-day simple moving average is GBX 9,243.04. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.00 and a quick ratio of 0.01. The stock has a market cap of £52.10 billion, a price-to-earnings ratio of 7,172.06, a price-to-earnings-growth ratio of 3.03 and a beta of 0.35.

London Stock Exchange Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Thursday, August 15th will be paid a GBX 41 ($0.52) dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 0.43%. London Stock Exchange Group’s payout ratio is presently 8,455.88%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 115 ($1.47) price objective on shares of London Stock Exchange Group in a research note on Tuesday, May 28th. Berenberg Bank restated a “buy” rating and set a £110 ($140.58) target price on shares of London Stock Exchange Group in a research note on Thursday, April 25th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 8,347 ($106.67).

Get Our Latest Analysis on London Stock Exchange Group

About London Stock Exchange Group

(Get Free Report)

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.