Halma (LON:HLMA) Insider Sells £1,792,110 in Stock

Halma plc (LON:HLMA) insider Marc Ronchetti sold 47,000 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of GBX 3,813, for a total transaction of £1,792,110.

Marc Ronchetti also recently made the following trade(s):

• On Wednesday, June 24th, Marc Ronchetti sold 10,131 shares of Halma stock. The shares were sold at an average price of GBX 3,902, for a total value of £395,311.62.
• On Friday, June 26th, Marc Ronchetti sold 49,664 shares of Halma stock. The stock was sold at an average price of GBX 3,934, for a total value of £1,953,781.76.

Halma Trading Up 1.2%

HLMA opened at GBX 3,764 on Thursday. Halma plc has a 52 week low of GBX 3,194 and a 52 week high of GBX 4,902. The business has a fifty day simple moving average of GBX 3,857.56 and a 200-day simple moving average of GBX 4,009.50. The firm has a market cap of £14.22 billion, a P/E ratio of 38.34, a P/E/G ratio of 2.93 and a beta of 0.97. The company has a quick ratio of 1.51, a current ratio of 2.14 and a debt-to-equity ratio of 42.13.

Halma (LON:HLMA) last posted its quarterly earnings data on Thursday, June 11th. The company reported GBX 114.05 earnings per share (EPS) for the quarter. Halma had a return on equity of 17.92% and a net margin of 14.42%.The firm had revenue of GBX 258.23 billion for the quarter. On average, equities analysts expect that Halma plc will post 90.5626134 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Citigroup boosted their price target on shares of Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a report on Friday, June 12th. UBS Group reaffirmed a “buy” rating and set a £47,750 price objective on shares of Halma in a research report on Friday, June 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 4,200 target price on shares of Halma in a research note on Thursday, July 16th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,050 target price on shares of Halma in a report on Thursday, June 11th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of £5,339.51.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.