Barclays (LON:BARC) Insider Sells £2,810,323.74 in Stock

Barclays PLC (LON:BARC) insider Anna Cross sold 753,438 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of GBX 373, for a total value of £2,810,323.74.

Anna Cross also recently made the following trade(s):

• On Friday, June 20th, Anna Cross acquired 27,898 shares of Barclays stock. The stock was purchased at an average price of GBX 326 per share, for a total transaction of £90,947.48.
• On Friday, June 20th, Anna Cross sold 13,112 shares of Barclays stock. The shares were sold at an average price of GBX 326, for a total value of £42,745.12.

Barclays Trading Up 0.7%

BARC stock opened at GBX 376.45 on Friday. The company has a market capitalization of £54.05 billion, a PE ratio of 11.06, a P/E/G ratio of 1.15 and a beta of 1.36. Barclays PLC has a 12-month low of GBX 213.90 and a 12-month high of GBX 379.32. The business’s fifty day moving average price is GBX 350.08 and its 200 day moving average price is GBX 317.26.

Barclays (LON:BARC) last posted its quarterly earnings data on Tuesday, July 29th. The financial services provider reported GBX 11.70 earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. Research analysts predict that Barclays PLC will post 39.1062802 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BARC has been the topic of a number of recent analyst reports. Citigroup downgraded Barclays to a “neutral” rating and increased their price objective for the company from GBX 360 to GBX 366 in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 380 price objective on shares of Barclays in a report on Wednesday, July 30th. Shore Capital increased their price objective on Barclays from GBX 395 to GBX 410 and gave the company a “buy” rating in a report on Tuesday, July 29th. Royal Bank Of Canada increased their price objective on Barclays from GBX 355 to GBX 435 and gave the company an “outperform” rating in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Barclays in a research note on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 400.20.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.