ForViva (LON:FVA) Insider Tim Jones Purchases 40,000 Shares of Stock

ForViva plc (LON:FVA) insider Tim Jones bought 40,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The stock was purchased at an average cost of GBX 138 per share, for a total transaction of £55,200.

Tim Jones also recently made the following trade(s):

• On Tuesday, July 14th, Tim Jones purchased 10,000 shares of ForViva stock. The shares were purchased at an average price of GBX 138 per share, with a total value of £13,800.
• On Wednesday, July 15th, Tim Jones purchased 40,000 shares of ForViva stock. The shares were purchased at an average cost of GBX 137 per share, with a total value of £54,800.

ForViva Stock Up 2.2%

Shares of ForViva stock opened at GBX 141 on Monday. ForViva plc has a 12-month low of GBX 114.50 and a 12-month high of GBX 145. The firm has a market cap of £73.02 million and a PE ratio of 5.83. The company’s fifty day simple moving average is GBX 134.64 and its two-hundred day simple moving average is GBX 132.99.

ForViva (LON:FVA) last released its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 11 EPS for the quarter. The business had revenue of GBX 5,057 million for the quarter.

Wall Street Analyst Weigh In

FVA has been the subject of a number of recent research reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 190 price target on shares of ForViva in a research report on Monday, June 29th. Shore Capital Group reaffirmed a “hold” rating on shares of ForViva in a research report on Friday, April 17th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 190.

ForViva Company Profile

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long?term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day?to?day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third?party care providers to deliver supported housing solutions.