Insider Buying: 3i Group (LON:III) Insider Buys £18,220.80 in Stock

3i Group (LON:III) insider Peter McKellar purchased 624 shares of the stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of GBX 2,920 per share, with a total value of £18,220.80.

3i Group Stock Performance

LON III opened at GBX 2,871 on Friday. The company has a 50-day simple moving average of GBX 2,508 and a two-hundred day simple moving average of GBX 2,737. 3i Group has a 12-month low of GBX 1,825 and a 12-month high of GBX 4,497. The firm has a market cap of £28.90 billion, a price-to-earnings ratio of 5.33, a PEG ratio of -0.35 and a beta of 1.63. The company has a quick ratio of 0.09, a current ratio of 131.80 and a debt-to-equity ratio of 4.08.

3i Group (LON:III) last released its quarterly earnings data on Thursday, May 14th. The company reported GBX 539.40 EPS for the quarter. 3i Group had a return on equity of 17.91% and a net margin of 1,236.92%.The firm had revenue of GBX 549.60 billion for the quarter. On average, equities analysts forecast that 3i Group will post 622.7106227 EPS for the current year.

Analyst Upgrades and Downgrades

III has been the subject of a number of analyst reports. UBS Group reissued a “buy” rating and set a GBX 3,600 price objective on shares of 3i Group in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,527 price target on shares of 3i Group in a report on Friday, June 26th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 3,601.75.

About 3i Group

3i is an investment company specialising in Private Equity and Infrastructure. We invest in mid-market companies headquartered in Europe and North America.

We generate attractive returns for our shareholders and co-investors by investing in private equity and infrastructure assets.

As proprietary capital investors we have a long-term, responsible approach.

We aim to compound value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investment companies.