Insider Selling: Jupiter Fund Management (LON:JUP) Insider Sells 308,933 Shares of Stock

Jupiter Fund Management Plc (LON:JUP) insider Matthew Beesley sold 308,933 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 188, for a total transaction of £580,794.04.

Jupiter Fund Management Trading Down 0.3%

Jupiter Fund Management stock opened at GBX 190.60 on Thursday. Jupiter Fund Management Plc has a 1-year low of GBX 64.70 and a 1-year high of GBX 214.50. The firm’s fifty day simple moving average is GBX 181.45 and its 200-day simple moving average is GBX 155.71. The company has a market capitalization of £971.55 million, a P/E ratio of 17.65 and a beta of 1.43.

Jupiter Fund Management (LON:JUP) last posted its earnings results on Thursday, February 26th. The company reported GBX 19.40 EPS for the quarter. Jupiter Fund Management had a net margin of 21.19% and a return on equity of 11.49%. On average, equities research analysts predict that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Jupiter Fund Management from GBX 165 to GBX 175 and gave the stock a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Jupiter Fund Management presently has an average rating of “Hold” and an average target price of GBX 150.33.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.