Insider Buying: Foresight Group Holdings Limited (LON:FSG) Insider Acquires 13,369 Shares of Stock

Foresight Group Holdings Limited (LON:FSG) insider Geoffrey Gavey acquired 13,369 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average cost of GBX 374 ($4.83) per share, with a total value of £50,000.06 ($64,632.96).

Foresight Group Stock Up 3.5 %

FSG opened at GBX 386 ($4.99) on Monday. Foresight Group Holdings Limited has a twelve month low of GBX 355 ($4.59) and a twelve month high of GBX 544.99 ($7.04). The company has a 50-day simple moving average of GBX 384.22 and a 200 day simple moving average of GBX 441.86. The stock has a market capitalization of £443.99 million, a price-to-earnings ratio of 17.47 and a beta of 0.44.

Foresight Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were given a dividend of GBX 7.40 ($0.10) per share. The ex-dividend date was Thursday, January 16th. This represents a yield of 1.64%. Foresight Group’s dividend payout ratio is 140.32%.

About Foresight Group

Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.