Future (LON:FUTR) Insider Sells £42,256.98 in Stock

Future plc (LON:FUTR) insider Kevin Li Ying sold 7,958 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of GBX 531, for a total transaction of £42,256.98.

Kevin Li Ying also recently made the following trade(s):

• On Friday, December 12th, Kevin Li Ying purchased 9,029 shares of Future stock. The shares were purchased at an average cost of GBX 551 per share, with a total value of £49,749.79.

Future Price Performance

Shares of LON FUTR traded down GBX 2 during trading hours on Tuesday, hitting GBX 529.50. 2,098,133 shares of the stock were exchanged, compared to its average volume of 989,184. The company’s fifty day simple moving average is GBX 601.85 and its two-hundred day simple moving average is GBX 677.15. The company has a market cap of £505.13 million, a PE ratio of 6.99, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 31.50, a quick ratio of 0.60 and a current ratio of 0.69. Future plc has a 1-year low of GBX 521 and a 1-year high of GBX 1,073.

Future (LON:FUTR) last released its earnings results on Thursday, December 4th. The company reported GBX 124.20 earnings per share for the quarter. Future had a return on equity of 8.41% and a net margin of 11.69%. On average, sell-side analysts predict that Future plc will post 116.6270784 EPS for the current year.

Future declared that its board has approved a share repurchase program on Thursday, December 4th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their target price on shares of Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a research note on Friday, December 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Future presently has an average rating of “Moderate Buy” and an average price target of GBX 984.

About Future

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams