Insider Buying: Naked Wines (LON:WINE) Insider Buys 26,500 Shares of Stock

Naked Wines plc (LON:WINE) insider Jack Pailing purchased 26,500 shares of Naked Wines stock in a transaction that occurred on Wednesday, May 27th. The shares were purchased at an average price of GBX 75 per share, for a total transaction of £19,875.

Jack Pailing also recently made the following trade(s):

• On Wednesday, May 27th, Jack Pailing purchased 26,250 shares of Naked Wines stock. The shares were purchased at an average price of GBX 75 per share, for a total transaction of £19,687.50.
• On Wednesday, March 18th, Jack Pailing purchased 38,000 shares of Naked Wines stock. The shares were purchased at an average price of GBX 62 per share, for a total transaction of £23,560.
• On Monday, March 9th, Jack Pailing purchased 12,000 shares of Naked Wines stock. The shares were purchased at an average price of GBX 73 per share, for a total transaction of £8,760.
• On Wednesday, March 4th, Jack Pailing purchased 20,000 shares of Naked Wines stock. The shares were purchased at an average price of GBX 74 per share, for a total transaction of £14,800.

Naked Wines Stock Performance

Shares of Naked Wines stock opened at GBX 74.79 on Thursday. Naked Wines plc has a fifty-two week low of GBX 61.80 and a fifty-two week high of GBX 95. The company has a debt-to-equity ratio of 8.40, a current ratio of 1.50 and a quick ratio of 0.29. The firm has a market capitalization of £50.29 million, a P/E ratio of -35.61, a P/E/G ratio of 0.40 and a beta of 1.25. The company’s 50 day moving average price is GBX 72.60 and its two-hundred day moving average price is GBX 72.78.

Naked Wines announced that its Board of Directors has authorized a share repurchase plan on Monday, March 23rd that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

About Naked Wines

Naked Wines plc, together with its subsidiaries, engages in the retailing of wines and spirits in the United Kingdom, the United States, and Australia. The company offers its products online.