Vistry Group PLC (LON:VTY – Get Free Report) shares dropped 16.1% on Tuesday . The company traded as low as GBX 523 ($6.56) and last traded at GBX 549 ($6.88). Approximately 4,971,120 shares were traded during trading, an increase of 148% from the average daily volume of 2,001,906 shares. The stock had previously closed at GBX 654 ($8.20).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. cut their price objective on Vistry Group from GBX 830 ($10.40) to GBX 690 ($8.65) and set a “neutral” rating on the stock in a report on Thursday, December 5th.
View Our Latest Analysis on VTY
Vistry Group Stock Down 16.1 %
Insider Transactions at Vistry Group
In other Vistry Group news, insider Greg Fitzgerald bought 20,498 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The shares were purchased at an average cost of GBX 966 ($12.11) per share, with a total value of £198,010.68 ($248,227.00). Also, insider Usman Nabi acquired 500,000 shares of Vistry Group stock in a transaction dated Friday, November 8th. The stock was bought at an average price of GBX 737 ($9.24) per share, for a total transaction of £3,685,000 ($4,619,531.15). Insiders have purchased a total of 1,324,543 shares of company stock worth $1,136,907,044 in the last quarter. Company insiders own 0.64% of the company’s stock.
About Vistry Group
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.
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