Insider Selling: Renishaw (LON:RSW) Insider Sells 342,950 Shares of Stock

Renishaw plc (LON:RSW) insider D John Deer sold 342,950 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of GBX 3,435, for a total transaction of £11,780,332.50.

D John Deer also recently made the following trade(s):

• On Tuesday, November 25th, D John Deer sold 207,050 shares of Renishaw stock. The stock was sold at an average price of GBX 3,435, for a total transaction of £7,112,167.50.

Renishaw Trading Down 0.1%

LON:RSW traded down GBX 4.73 during mid-day trading on Thursday, reaching GBX 3,410.27. 44,787 shares of the company’s stock traded hands, compared to its average volume of 163,707. Renishaw plc has a 12-month low of GBX 2,100 and a 12-month high of GBX 3,780. The firm has a market capitalization of £2.48 billion, a price-to-earnings ratio of 29.60, a PEG ratio of 3.73 and a beta of 0.63. The company has a debt-to-equity ratio of 2.05, a current ratio of 5.81 and a quick ratio of 3.10. The company has a 50 day moving average price of GBX 3,558.14 and a 200-day moving average price of GBX 3,132.22.

Renishaw (LON:RSW) last released its quarterly earnings data on Thursday, September 18th. The company reported GBX 137.80 earnings per share for the quarter. Renishaw had a return on equity of 10.94% and a net margin of 14.02%. On average, sell-side analysts predict that Renishaw plc will post 159.8984772 earnings per share for the current year.

Analyst Ratings Changes

RSW has been the topic of several recent analyst reports. Shore Capital reiterated a “hold” rating on shares of Renishaw in a report on Thursday, October 30th. UBS Group reaffirmed a “buy” rating and set a GBX 3,900 target price on shares of Renishaw in a research note on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Renishaw from GBX 3,340 to GBX 3,940 and gave the stock a “hold” rating in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 3,920.

Renishaw Company Profile

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together.