Insider Selling: London Stock Exchange Group plc (LON:LSEG) Insider Sells £1,247,178.24 in Stock

Posted by Andrew Walz on Aug 3rd, 2024

London Stock Exchange Group plc (LON:LSEG – Get Free Report) insider Martin Brand sold 13,167 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of GBX 9,472 ($121.84), for a total value of £1,247,178.24 ($1,604,294.11).

Martin Brand also recently made the following trade(s):

On Friday, July 26th, Martin Brand sold 51,997 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,439 ($121.42), for a total value of £4,907,996.83 ($6,313,348.12).
On Wednesday, July 24th, Martin Brand sold 59,996 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,430 ($121.30), for a total value of £5,657,622.80 ($7,277,621.30).
On Monday, July 22nd, Martin Brand sold 57,488 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,444 ($121.48), for a total value of £5,429,166.72 ($6,983,749.32).
On Friday, July 19th, Martin Brand sold 14,404 shares of London Stock Exchange Group stock. The stock was sold at an average price of GBX 9,415 ($121.11), for a total value of £1,356,136.60 ($1,744,451.51).
On Monday, July 15th, Martin Brand sold 27,034 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,442 ($121.46), for a total value of £2,552,550.28 ($3,283,445.18).
On Friday, July 12th, Martin Brand sold 154,578 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,434 ($121.35), for a total value of £14,582,888.52 ($18,758,539.39).
On Wednesday, July 10th, Martin Brand sold 66,852 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,234 ($118.78), for a total value of £6,173,113.68 ($7,940,717.37).
On Monday, July 8th, Martin Brand sold 87,283 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,295 ($119.57), for a total value of £8,112,954.85 ($10,436,010.87).
On Friday, July 5th, Martin Brand sold 19,145 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,315 ($119.82), for a total value of £1,783,356.75 ($2,294,001.48).
On Wednesday, July 3rd, Martin Brand sold 24,487 shares of London Stock Exchange Group stock. The shares were sold at an average price of GBX 9,269 ($119.23), for a total value of £2,269,700.03 ($2,919,603.85).

London Stock Exchange Group Price Performance

Shares of LON:LSEG opened at GBX 9,740 ($125.29) on Friday. The company’s fifty day moving average is GBX 9,400.96 and its two-hundred day moving average is GBX 9,230.08. The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 37.70. London Stock Exchange Group plc has a 12-month low of GBX 7,784 ($100.13) and a 12-month high of £110.80 ($142.53). The company has a market cap of £51.63 billion, a P/E ratio of 7,161.76, a price-to-earnings-growth ratio of 3.03 and a beta of 0.35.

London Stock Exchange Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, September 18th. Stockholders of record on Thursday, August 15th will be issued a dividend of GBX 41 ($0.53) per share. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend is Thursday, August 15th. London Stock Exchange Group’s dividend payout ratio is currently 8,455.88%.

Analyst Ratings Changes

Several research firms have issued reports on LSEG. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 115 ($1.48) price target on shares of London Stock Exchange Group in a report on Tuesday, May 28th. Berenberg Bank reissued a “buy” rating and set a £110 ($141.50) target price on shares of London Stock Exchange Group in a research note on Thursday, April 25th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, London Stock Exchange Group has an average rating of “Buy” and a consensus price target of GBX 8,347 ($107.37).

Read Our Latest Analysis on London Stock Exchange Group

London Stock Exchange Group Company Profile

(Get Free Report)

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.