Insider Selling: Halma (LON:HLMA) Insider Sells £1,953,781.76 in Stock

Halma plc (LON:HLMA) insider Marc Ronchetti sold 49,664 shares of the stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of GBX 3,934, for a total transaction of £1,953,781.76.

Marc Ronchetti also recently made the following trade(s):

• On Wednesday, June 24th, Marc Ronchetti sold 10,131 shares of Halma stock. The shares were sold at an average price of GBX 3,902, for a total value of £395,311.62.

Halma Stock Performance

Shares of LON:HLMA traded down GBX 1.94 during mid-day trading on Monday, reaching GBX 3,894. 5,712,675 shares of the company traded hands, compared to its average volume of 14,154,623. The firm has a market cap of £14.71 billion, a PE ratio of 42.58, a PEG ratio of 2.93 and a beta of 0.97. Halma plc has a 52 week low of GBX 3,136 and a 52 week high of GBX 4,902. The company’s 50 day moving average price is GBX 4,413.92 and its 200-day moving average price is GBX 3,983.97. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51.

Halma (LON:HLMA) last released its earnings results on Thursday, June 11th. The company reported GBX 114.05 earnings per share for the quarter. The company had revenue of GBX 258.23 billion for the quarter. Halma had a net margin of 14.42% and a return on equity of 17.92%. On average, equities analysts expect that Halma plc will post 90.5626134 EPS for the current fiscal year.

Analysts Set New Price Targets

HLMA has been the subject of a number of research reports. Shore Capital Group reiterated a “hold” rating on shares of Halma in a research report on Monday, April 13th. Citigroup boosted their price objective on Halma from GBX 3,700 to GBX 4,600 and gave the company a “buy” rating in a report on Friday, June 12th. UBS Group restated a “buy” rating and issued a £47,750 price target on shares of Halma in a report on Friday, June 5th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,050 price objective on shares of Halma in a research report on Thursday, June 11th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of £4,808.85.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.