London Stock Exchange Group plc (LON:LSEG) Insider Acquires £2,524,989.60 in Stock

Posted by Hanz Christensen on Sep 16th, 2024

London Stock Exchange Group plc (LON:LSEG – Get Free Report) insider Martin Brand acquired 19,992 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average price of £126.30 ($165.16) per share, for a total transaction of £2,524,989.60 ($3,301,934.88).

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

On Tuesday, September 3rd, Martin Brand sold 79,996 shares of London Stock Exchange Group stock. The shares were sold at an average price of £126.30 ($165.16), for a total value of £10,103,494.80 ($13,212,364.06).
On Friday, August 30th, Martin Brand sold 1,515 shares of London Stock Exchange Group stock. The stock was sold at an average price of £102.50 ($134.04), for a total value of £155,287.50 ($203,069.83).
On Wednesday, August 28th, Martin Brand sold 5,600 shares of London Stock Exchange Group stock. The shares were sold at an average price of £102.15 ($133.58), for a total transaction of £572,040 ($748,058.06).
On Wednesday, August 21st, Martin Brand sold 4,677 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,962 ($130.27), for a total transaction of £465,922.74 ($609,288.27).
On Monday, August 19th, Martin Brand sold 5,172 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,985 ($130.57), for a total transaction of £516,424.20 ($675,329.15).
On Wednesday, August 14th, Martin Brand sold 13,026 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,983 ($130.55), for a total transaction of £1,300,385.58 ($1,700,517.30).
On Monday, August 12th, Martin Brand sold 11,561 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,926 ($129.80), for a total transaction of £1,147,544.86 ($1,500,647.13).
On Thursday, August 8th, Martin Brand sold 12,000 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,723 ($127.15), for a total value of £1,166,760 ($1,525,774.81).
On Monday, August 5th, Martin Brand sold 60,566 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,581 ($125.29), for a total value of £5,802,828.46 ($7,588,372.51).
On Tuesday, July 30th, Martin Brand sold 13,167 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,472 ($123.87), for a total value of £1,247,178.24 ($1,630,937.94).

London Stock Exchange Group Stock Performance

LON:LSEG opened at £104.35 ($136.46) on Monday. The company has a market cap of £55.32 billion, a price-to-earnings ratio of 7,594.20, a price-to-earnings-growth ratio of 1.70 and a beta of 0.41. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 43.66. London Stock Exchange Group plc has a 52 week low of GBX 7,936 ($103.78) and a 52 week high of £110.80 ($144.90). The company has a fifty day simple moving average of GBX 9,812.49 and a two-hundred day simple moving average of GBX 9,467.36.

London Stock Exchange Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, September 18th. Investors of record on Thursday, August 15th will be paid a dividend of GBX 41 ($0.54) per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 0.43%. London Stock Exchange Group’s payout ratio is 8,695.65%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 115 ($1.50) target price on shares of London Stock Exchange Group in a report on Tuesday, May 28th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 8,347 ($109.15).

Check Out Our Latest Stock Report on LSEG

London Stock Exchange Group Company Profile

(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.