Insider Buying: Phoenix Group Holdings plc (LON:PHNX) Insider Acquires 29 Shares of Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs acquired 29 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was acquired at an average cost of GBX 514 ($6.43) per share, for a total transaction of £149.06 ($186.49).

Andrew Briggs also recently made the following trade(s):

• On Tuesday, November 5th, Andrew Briggs purchased 31 shares of Phoenix Group stock. The stock was acquired at an average cost of GBX 498 ($6.23) per share, for a total transaction of £154.38 ($193.14).

Phoenix Group Stock Down 1.6 %

PHNX traded down GBX 8.50 ($0.11) during trading on Tuesday, hitting GBX 508.50 ($6.36). 1,388,044 shares of the company’s stock were exchanged, compared to its average volume of 1,915,537. Phoenix Group Holdings plc has a fifty-two week low of GBX 475 ($5.94) and a fifty-two week high of GBX 581.22 ($7.27). The stock has a market cap of £5.09 billion, a P/E ratio of -959.43, a PEG ratio of 1.95 and a beta of 0.73. The business’s 50 day moving average is GBX 505.93 and its two-hundred day moving average is GBX 528.29. The company has a quick ratio of 0.12, a current ratio of 0.19 and a debt-to-equity ratio of 132.01.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PHNX shares. JPMorgan Chase & Co. increased their target price on shares of Phoenix Group from GBX 505 ($6.32) to GBX 510 ($6.38) and gave the stock an “underweight” rating in a research note on Wednesday, September 18th. The Goldman Sachs Group restated a “sell” rating on shares of Phoenix Group in a research note on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix is the UK’s largest long-term savings and retirement business with c. £300 billion of assets under administration and c. 13 million customers.
We are a constituent of the FTSE 100 with c. 7,800 colleagues and offer a broad range of products to support people across all stages of the savings life cycle.
We are a growing and sustainable business with a clear purpose – helping people secure a life of possibilities.