Insider Selling: London Stock Exchange Group plc (LON:LSEG) Insider Sells 51,997 Shares of Stock

Posted by Hanz Christensen on Jul 29th, 2024

London Stock Exchange Group plc (LON:LSEG – Get Free Report) insider Martin Brand sold 51,997 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of GBX 9,439 ($122.08), for a total transaction of £4,907,996.83 ($6,347,642.05).

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

On Wednesday, July 24th, Martin Brand sold 59,996 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,430 ($121.96), for a total transaction of £5,657,622.80 ($7,317,153.13).
On Monday, July 22nd, Martin Brand sold 57,488 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,444 ($122.14), for a total transaction of £5,429,166.72 ($7,021,684.84).
On Friday, July 19th, Martin Brand sold 14,404 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,415 ($121.77), for a total transaction of £1,356,136.60 ($1,753,927.32).
On Monday, July 15th, Martin Brand sold 27,034 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,442 ($122.12), for a total transaction of £2,552,550.28 ($3,301,280.76).
On Friday, July 12th, Martin Brand sold 154,578 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,434 ($122.01), for a total value of £14,582,888.52 ($18,860,435.23).
On Wednesday, July 10th, Martin Brand sold 66,852 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,234 ($119.43), for a total value of £6,173,113.68 ($7,983,851.11).
On Monday, July 8th, Martin Brand sold 87,283 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,295 ($120.21), for a total transaction of £8,112,954.85 ($10,492,698.98).
On Friday, July 5th, Martin Brand sold 19,145 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,315 ($120.47), for a total transaction of £1,783,356.75 ($2,306,462.43).
On Wednesday, July 3rd, Martin Brand sold 24,487 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,269 ($119.88), for a total transaction of £2,269,700.03 ($2,935,463.05).
On Monday, July 1st, Martin Brand sold 27,772 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,334 ($120.72), for a total value of £2,592,238.48 ($3,352,610.55).

London Stock Exchange Group Price Performance

Shares of LSEG stock traded up GBX 34 ($0.44) on Monday, reaching GBX 9,512 ($123.02). The company’s stock had a trading volume of 7,109,398 shares, compared to its average volume of 1,286,153. The company has a market capitalization of £50.42 billion, a price-to-earnings ratio of 6,969.12, a price-to-earnings-growth ratio of 3.03 and a beta of 0.35. The stock’s fifty day simple moving average is GBX 9,374.70 and its 200-day simple moving average is GBX 9,215.97. The company has a current ratio of 1.00, a quick ratio of 0.01 and a debt-to-equity ratio of 37.70. London Stock Exchange Group plc has a 1 year low of GBX 7,784 ($100.67) and a 1 year high of £110.80 ($143.30).

Analysts Set New Price Targets

A number of research firms have recently weighed in on LSEG. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 115 ($1.49) price objective on shares of London Stock Exchange Group in a research note on Tuesday, May 28th. Berenberg Bank reiterated a “buy” rating and set a £110 ($142.27) price objective on shares of London Stock Exchange Group in a research report on Thursday, April 25th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 8,347 ($107.95).

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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.