Insider Buying: Purplebricks Group PLC (PURP) Insider Purchases £11,000,001 in Stock
Purplebricks Group PLC (LON:PURP) insider Michael Bruce acquired 3,666,667 shares of the company’s stock in a transaction that occurred on Wednesday, March 15th. The shares were acquired at an average cost of GBX 300 ($3.71) per share, for a total transaction of £11,000,001 ($13,585,279.73).
Purplebricks Group PLC (LON:PURP) opened at 300.00 on Tuesday. The firm’s market cap is GBX 733.09 million. Purplebricks Group PLC has a one year low of GBX 98.75 and a one year high of GBX 368.44. The company’s 50-day moving average price is GBX 257.19 and its 200-day moving average price is GBX 166.21.
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PURP has been the topic of a number of recent analyst reports. Jefferies Group LLC reaffirmed an “underperform” rating and set a GBX 94 ($1.16) price objective on shares of Purplebricks Group PLC in a report on Thursday, November 24th. Peel Hunt dropped their price objective on Purplebricks Group PLC from GBX 300 ($3.71) to GBX 270 ($3.33) and set a “buy” rating on the stock in a report on Monday, December 5th. Finally, Investec reaffirmed a “buy” rating and set a GBX 185 ($2.28) price objective on shares of Purplebricks Group PLC in a report on Thursday, January 5th.
About Purplebricks Group PLC
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