Insider Buying: National Grid (LON:NG) Insider Acquires £150.67 in Stock

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of National Grid stock in a transaction on Monday, September 7th. The shares were acquired at an average cost of GBX 1,159 per share, for a total transaction of £150.67.

Andrew Agg also recently made the following trade(s):

• On Friday, August 7th, Andrew Agg bought 12 shares of National Grid stock. The stock was acquired at an average cost of GBX 1,198 per share, for a total transaction of £143.76.
• On Tuesday, July 7th, Andrew Agg bought 13 shares of National Grid stock. The shares were acquired at an average price of GBX 1,231 per share, for a total transaction of £160.03.
• On Monday, June 15th, Andrew Agg acquired 16,602 shares of National Grid stock. The shares were bought at an average price of GBX 1,203 per share, for a total transaction of £199,722.06.

National Grid Stock Down 0.7%

LON NG opened at GBX 1,128.50 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. National Grid plc has a fifty-two week low of GBX 645 and a fifty-two week high of GBX 1,145.50. The business has a 50 day moving average price of GBX 1,199.91 and a two-hundred day moving average price of GBX 1,251.09. The stock has a market cap of £55.41 billion, a PE ratio of 18.54, a P/E/G ratio of 2.06 and a beta of 0.59.

Analyst Ratings Changes

A number of research analysts have recently commented on NG shares. Jefferies Financial Group cut their price objective on shares of National Grid from GBX 1,410 to GBX 1,300 and set a “hold” rating for the company in a research report on Monday, August 3rd. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 1,375 target price on shares of National Grid in a research report on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 1,299.71.

About National Grid

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.