Tim Jones Purchases 10,000 Shares of ForViva (LON:FVA) Stock

ForViva plc (LON:FVA) insider Tim Jones purchased 10,000 shares of the company’s stock in a transaction on Tuesday, July 14th. The stock was bought at an average cost of GBX 138 per share, for a total transaction of £13,800.

Tim Jones also recently made the following trade(s):

• On Wednesday, July 15th, Tim Jones purchased 40,000 shares of ForViva stock. The stock was bought at an average cost of GBX 137 per share, for a total transaction of £54,800.

ForViva Price Performance

LON FVA traded up GBX 7 on Thursday, hitting GBX 144. 60,574 shares of the company were exchanged, compared to its average volume of 52,626. ForViva plc has a twelve month low of GBX 114.50 and a twelve month high of GBX 145. The firm has a market capitalization of £74.58 million and a P/E ratio of 5.95. The company’s 50 day moving average price is GBX 134.71 and its 200-day moving average price is GBX 132.93.

ForViva (LON:FVA) last announced its earnings results on Wednesday, April 22nd. The company reported GBX 11 EPS for the quarter. The firm had revenue of GBX 5,057 million during the quarter.

Wall Street Analysts Forecast Growth

FVA has been the topic of a number of research analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 190 price target on shares of ForViva in a report on Monday, June 29th. Shore Capital Group reaffirmed a “hold” rating on shares of ForViva in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 190.

ForViva Company Profile

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long‑term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day‑to‑day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third‑party care providers to deliver supported housing solutions.