Insider Buying: Barclays PLC (LON:BARC) Insider Acquires £8,902.32 in Stock

Barclays PLC (LON:BARC) insider Robert Berry bought 3,028 shares of the company’s stock in a transaction on Friday, February 14th. The stock was bought at an average price of GBX 294 ($3.73) per share, for a total transaction of £8,902.32 ($11,280.18).

Barclays Stock Performance

Barclays stock opened at GBX 304.54 ($3.86) on Friday. Barclays PLC has a fifty-two week low of GBX 159.10 ($2.02) and a fifty-two week high of GBX 312.60 ($3.96). The stock has a market cap of £43.73 billion, a P/E ratio of 8.95, a PEG ratio of 1.15 and a beta of 1.36. The firm’s fifty day moving average price is GBX 281.21 and its 200-day moving average price is GBX 252.59.

Barclays (LON:BARC) last announced its earnings results on Thursday, February 13th. The financial services provider reported GBX 36 ($0.46) earnings per share for the quarter. Barclays had a return on equity of 6.97% and a net margin of 19.54%. Sell-side analysts predict that Barclays PLC will post 39.1062802 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BARC. Shore Capital reissued a “buy” rating on shares of Barclays in a research report on Thursday, January 30th. JPMorgan Chase & Co. raised their price target on Barclays from GBX 360 ($4.56) to GBX 370 ($4.69) and gave the stock an “overweight” rating in a report on Tuesday. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 296 ($3.75).

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.