Insider Selling: Future (LON:FUTR) Insider Sells £42,256.98 in Stock

Future plc (LON:FUTR) insider Kevin Li Ying sold 7,958 shares of Future stock in a transaction on Monday, December 22nd. The shares were sold at an average price of GBX 531, for a total value of £42,256.98.

Kevin Li Ying also recently made the following trade(s):

• On Friday, December 12th, Kevin Li Ying bought 9,029 shares of Future stock. The stock was bought at an average cost of GBX 551 per share, for a total transaction of £49,749.79.

Future Trading Down 0.6%

LON FUTR opened at GBX 527 on Friday. Future plc has a 12 month low of GBX 521 and a 12 month high of GBX 1,073. The company has a current ratio of 0.69, a quick ratio of 0.60 and a debt-to-equity ratio of 31.50. The stock’s fifty day moving average price is GBX 596.03 and its 200-day moving average price is GBX 673.88. The stock has a market cap of £502.74 million, a P/E ratio of 6.95, a P/E/G ratio of 0.64 and a beta of 1.01.

Future (LON:FUTR) last posted its quarterly earnings results on Thursday, December 4th. The company reported GBX 124.20 earnings per share (EPS) for the quarter. Future had a return on equity of 8.41% and a net margin of 11.69%. As a group, equities analysts forecast that Future plc will post 116.6270784 EPS for the current fiscal year.

Future announced that its Board of Directors has authorized a stock buyback plan on Thursday, December 4th that permits the company to buyback 0 shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. cut their target price on Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a research note on Friday, December 5th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 984.

About Future

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams