NCC Group (LON:NCC) Insider Acquires £165 in Stock

NCC Group plc (LON:NCC) insider Mike Maddison acquired 125 shares of the stock in a transaction on Thursday, September 17th. The stock was bought at an average price of GBX 132 per share, with a total value of £165.

Mike Maddison also recently made the following trade(s):

• On Monday, August 17th, Mike Maddison bought 116 shares of NCC Group stock. The shares were bought at an average price of GBX 141 per share, for a total transaction of £163.56.
• On Friday, July 17th, Mike Maddison purchased 115 shares of NCC Group stock. The shares were bought at an average cost of GBX 143 per share, for a total transaction of £164.45.

NCC Group Price Performance

NCC opened at GBX 131 on Monday. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97. NCC Group plc has a one year low of GBX 107.20 and a one year high of GBX 161.60. The stock has a market capitalization of £361.75 million, a P/E ratio of 43.67 and a beta of 0.66. The company’s 50 day simple moving average is GBX 139.74 and its 200-day simple moving average is GBX 132.72.

NCC Group announced that its Board of Directors has initiated a share repurchase program on Monday, September 7th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 150 target price on shares of NCC Group in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 162.50.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.

Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.