Insider Buying: Canaan (LON:CAN) Insider Buys £84,700 in Stock

Canaan Inc (LON:CANGet Free Report) insider Amandine Ferré acquired 35,000 shares of Canaan stock in a transaction that occurred on Wednesday, March 11th. The stock was acquired at an average cost of GBX 242 per share, for a total transaction of £84,700.

Canaan Trading Down 1.8%

LON CAN traded down GBX 4 during trading on Thursday, hitting GBX 222.40. 10,842,827 shares of the company’s stock were exchanged, compared to its average volume of 7,084,758. The company has a market cap of £2.18 billion and a PE ratio of -14.83. Canaan Inc has a fifty-two week low of GBX 149.95 and a fifty-two week high of GBX 327.40. The stock’s 50 day moving average price is GBX 289.54 and its two-hundred day moving average price is GBX 258.76.

Canaan (LON:CANGet Free Report) last posted its quarterly earnings results on Friday, February 20th. The company reported GBX 11.20 earnings per share for the quarter. Canaan had a negative net margin of 2.30% and a negative return on equity of 3.20%.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Canaan from GBX 400 to GBX 350 and set a “buy” rating for the company in a research note on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Canaan currently has a consensus rating of “Buy” and a consensus price target of GBX 350.

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About Canaan

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Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.

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