Mark Jordy Buys 1,006 Shares of Legal & General Group (LON:LGEN) Stock

Legal & General Group Plc (LON:LGEN) insider Mark Jordy acquired 1,006 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was purchased at an average cost of GBX 261 per share, with a total value of £2,625.66.

Mark Jordy also recently made the following trade(s):

• On Monday, December 1st, Mark Jordy bought 1,076 shares of Legal & General Group stock. The shares were acquired at an average cost of GBX 244 per share, for a total transaction of £2,625.44.
• On Monday, November 3rd, Mark Jordy purchased 1,050 shares of Legal & General Group stock. The stock was acquired at an average price of GBX 241 per share, for a total transaction of £2,530.50.
• On Monday, November 3rd, Mark Jordy purchased 940 shares of Legal & General Group stock. The stock was acquired at an average cost of GBX 241 per share, with a total value of £2,265.40.

Legal & General Group Price Performance

Shares of LON LGEN opened at GBX 266.49 on Wednesday. Legal & General Group Plc has a fifty-two week low of GBX 206.80 and a fifty-two week high of GBX 269.40. The business has a 50 day moving average price of GBX 248.04 and a two-hundred day moving average price of GBX 247.58. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 155.18. The firm has a market cap of £15.00 billion, a PE ratio of 59.75, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

Legal & General Group (LON:LGEN) last announced its earnings results on Monday, December 15th. The financial services provider reported GBX 2.89 earnings per share (EPS) for the quarter. Legal & General Group had a return on equity of 7.79% and a net margin of 0.67%. Sell-side analysts expect that Legal & General Group Plc will post 24.2376446 earnings per share for the current fiscal year.

Trending Headlines about Legal & General Group

Here are the key news stories impacting Legal & General Group this week:

• Positive Sentiment: Clustered insider buys by senior figures (Mark Jordy bought 1,006 shares; Chair John Kingman 628; Ric Lewis 868; Laura Wade?Gery 957) — clustered, same?day purchases by directors typically read as management confidence and can support the share price. Insider Buys Report
• Positive Sentiment: Additional insider buying: Andrew Kail bought 85 shares (and has bought previously), and TipRanks/firm disclosure shows senior executives acquired shares under an employee plan — reinforces the buy signal from management. Andrew Kail Insider Buy Executives Acquire Under Employee Plan
• Neutral Sentiment: Technical/valuation context — the stock is trading near its 52?week high with above?average volume and 50/200?day SMAs around GBX 247; that boosts momentum but also raises the chance of short?term profit?taking. MarketBeat Profile
• Negative Sentiment: Large insider sale: António Simões sold 47,433 shares on Dec 31 (~GBX 262, ?£124k). A sizable sale by a senior executive can temper enthusiasm and suggests some insiders are taking profits or rebalancing. Insider Sale Report

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Royal Bank Of Canada raised their price objective on shares of Legal & General Group from GBX 200 to GBX 210 and gave the stock an “underperform” rating in a report on Monday, November 3rd. Peel Hunt reiterated an “add” rating and issued a GBX 255 price target on shares of Legal & General Group in a research note on Wednesday, October 15th. Finally, Berenberg Bank boosted their price objective on Legal & General Group from GBX 265 to GBX 289 and gave the company a “buy” rating in a report on Friday, October 10th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 257.25.

About Legal & General Group

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments. The LGRI segment offers annuity contracts with guaranteed income for a specified time; and longevity insurance products. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution and liability driven investment; multi-asset funds; corporate pension scheme solutions; and real assets.